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Question 11 of 25 Which statement best completes the diagram?Characteristics of Free Enterprise Individuals are fro to make economic decisions Businesses combine to make the best products. All workers make roughly the same salary. B. Hard work produces economic benefits ( C. Business leaders are selected in democratic elections. D. Governments work to ensure economic equality.

User Majster
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The statement that best completes the diagram is: Hard work produces

User Michael Sofaer
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Answer:

The statement that best completes the diagram is: Hard work produces economic benefits (B).

Step-by-step explanation:

Free enterprise, also known as capitalism, is an economic system in which individuals and businesses have the freedom to make economic decisions and to own and operate private property. In a free enterprise system, businesses are free to combine and innovate to produce the best products and services. This can lead to economic growth and prosperity, as businesses that are successful in meeting the needs and demands of consumers can earn profits.

One characteristic of free enterprise is that hard work can produce economic benefits. In a free enterprise system, individuals are generally free to work as much or as little as they want, and they can earn more income by working harder and being more productive. This can create incentives for individuals to work hard and be productive, which can contribute to economic growth and prosperity.

The other options you have provided (C and D) are not characteristics of free enterprise. In a free enterprise system, business leaders are not necessarily selected in democratic elections, and governments do not work to ensure economic equality. In a free enterprise system, the government generally plays a limited role in the economy and does not interfere with the free market.

User MattSenter
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