Answer:
Freedom, efficiency, equity, security, stability, and growth. What are the economic goals of free enterprise?
Freedom. To allow each member of society to make choices.
Efficiency. ...
Equity. ...
Security. ...
Stability. ...
Growth. ...
Standard of living.
Step-by-step explanation:
If an economy has both capitalism and free markets, we say that the economy is based on free enterprise. Under free enterprise, resources are privately owned, and competition is allowed to flourish with a minimum of government interference. Because the terms are so similar, people often use the terms free enterprise, free market, and capitalism interchangeably to describe the economic system of the United States. A capitalistic free enterprise economy has five important characteristics: economic freedom, voluntary exchange, private property rights, the profit motive, and competition. Many of these features may already be familiar to you, but they are so important to the success of our economy and the way we live that it’s important to review them.