Question

In which system is private property found?

a. centrally planned
c. free enterprise
b. command
d. communismPrivate property is found in FREE ENTERPRISE system.

Answer 1

The answer is C. free enterprise

I know this because...

freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.

Answer 2

I believe the correct answer from the choices listed above is option C. It is in a free enterprise system that a private property is found. It is a type of economy where products, prices, and services are determined by the market, not the government. Hope this answers the question.