Final answer:
Free enterprise and laissez-faire are economic systems with differences. Free enterprise allows entrepreneurs to make production decisions within government guidelines, while laissez-faire advocates for minimal government interference.
Step-by-step explanation:
Free enterprise and laissez-faire are both economic systems based on limited government intervention, but they have important differences. In a free enterprise system, the government provides guidelines and regulations, but entrepreneurs have the freedom to make decisions about production, such as what to produce and how much to produce. In contrast, laissez-faire economics believes in minimal government interference and advocates for market forces alone to drive the economy without government regulation.