Final answer:
Individuals enjoy economic rights in a private enterprise system, which includes the right to buy and sell property, seek employment, and operate businesses, all of which are protected by legal systems and frameworks like the U.S. Constitution.
Step-by-step explanation:
In a private enterprise system, individuals primarily enjoy economic rights. These rights include the ability to buy and sell property, use private property as desired within legal limits, seek and change employment freely, and own and operate businesses. Economic rights are essential components of liberty and are protected in the United States by constitutional amendments such as the Fifth Amendment, which ensures due process and just compensation for the taking of private property.
The basic characteristics of economic systems, such as property rights, incentives, economic freedom, competition, and the role of government, all play a role in protecting these economic rights. It's worth noting that although political and social rights, such as the right to vote and the right to privacy, are also critical to liberty, they are distinct from the economic rights offered in a private enterprise system.