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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"?

A) Command Economy
B) Subsistence Farming
C) Free Enterprise
D) Mercantilism

User Drrlvn
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1 Answer

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Final answer:

The subject of this question is Free Enterprise. The correct answer is (C).

Step-by-step explanation:

The subject of this question is Free Enterprise, which is the answer option (C).

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

For example, in a free enterprise system, individuals are free to start businesses, set prices for their goods or services, and compete with other businesses in the market.

User Andrea Nagar
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