Question

Which of the following correctly describes the free-enterprise system in the United States?

1. A system in which businesses have a lot of control over how they run their business and some government regulation

2. A system in which the government controls prices for essential goods but leaves other business decisions up to the individual businesses

3. A system in which the government regulates what businesses produce and how much they charge

4. A system in which the government has no control over the market, giving businesses complete freedom

Answer 1

A system in which businesses have a lot of control over how they run their business and some government regulations.

Answer 2

2. A system in which the government controls prices for essential goods but leaves other business decisions up to the individual businesses

Step-by-step explanation:

The United States of America have a system of free market where the government actually sets up the prices for essential goods, this is in order to keep them affordable for the common folk and the lower economic classes, other than that the business decisions are left for the business owners, this is a certain regulation by the government, and all of the other decisions can be made by the owner or board of the business.