Question

​One of the characteristics of a capitalist free enterprise economy is

a. the minimum wage.
b. ​voluntary exchange.
c. ​consumerism.
d. central planning.

Answer 1

​One of the characteristics of a capitalist free enterprise economy is B). Voluntary Exchange. A voluntary exchange is buyers or sellers that are freely engaged in market transactions, or marketing. Most of the time after the transactions, the buyer and seller ended up with a good deal than before the transaction. The reason why this would be your answer is because in a capitalist economy, there are more private organizations to buy or sell profits, and voluntary exchange is the opposite of that because voluntary exchange is not private. And, in the question, it says, capitalist "free" enterprise economy." This means that the capitalism allows free enterprise, and that is what voluntary exchange is.

Step-by-step explanation:

Answer 2

​One of the characteristics of a capitalist free enterprise economy is B). Voluntary Exchange. A voluntary exchange is buyers or sellers that are freely engaged in market transactions, or marketing. Most of the time after the transactions, the buyer and seller ended up with a good deal than before the transaction. The reason why this would be your answer is because in a capitalist economy, there are more private organizations to buy or sell profits, and voluntary exchange is the opposite of that because voluntary exchange is not private. And, in the question, it says, capitalist "free" enterprise economy." This means that the capitalism allows free enterprise, and that is what voluntary exchange is.