nolifepotato28
nolifepotato28 nolifepotato28
  • 02-10-2021
  • Social Studies
contestada

Explain the components of the free-enterprise system.

Respuesta :

ba601543
ba601543 ba601543
  • 02-10-2021

Most free enterprise systems consist of four components: households, businesses, markets and governments. In a free enterprise system, households — not the government — own most of the country's economic resources and decide how to use them. Businesses organize economic resources to create a good or service.

Answer Link
ThatOneHuman
ThatOneHuman ThatOneHuman
  • 02-10-2021

Answer:

Free enterprise is an economic system that provides individuals the opportunity to make their own economic decisions, free of government constraints, and as private profit-potential businesses.

Answer Link

Otras preguntas

The process by which unspecialized cells become specialized cells is called
A natural process of gradual change to a community or an ecosystem after a natural or human disturbance is called
The quotient of a number, x, decreased by 4 and 7 is less than or equal to 2 or greater than or equal to 8. What are the possible solutions of x?
Which type of cells lack a nuclear membrane? A) Fungal B)Pseudopodia C)Eukaryotic D)Prokaryotic
Ch 2 cash and equivalents are $1,561; short-term investments are $1,052; accounts receivables are $3,616; accounts payable are $5,173; short-term debt is $288;
Why did the colonists dislike the boston tea party?
Please answer this correctly
What important legal practice dates back to henry ii?
How would you solve #12?
The process by which organisms make more of their own kind is called