Answer:
The correct answer would be option A, C and D.
Step-by-step explanation:
An Economic System in which the products, prices and services are determined by the market itself rather than the government is called as the free enterprise system.
The qualities of free enterprise systems are as follows:
Free enterprise system encourage free interaction between producers and consumers.
Government create policies to protect the safety of citizens and fairness in the market.
In free enterprise market system, ideals and needs must be balanced.
In other words, this refers to a Capitalist system where individuals have the freedom to work hard, save money, invest in a business and earn more income.
Countries such as United States have a long-standing tradition of free enterprise and has always believed that the government should have minimal control or interference in the process.
In reality thought, 100% free Enterprise cannot exist. Governments need to regulate, make laws and develop policies that can keep people safe. E.g. a restaurant business cannot operate without a proper license due to public health safety.
However, working as close as possible to capitalism, we can rely on better market prices, more choice for customers and better chances of export and better jobs.