Final answer:
The chamber of commerce is the key organization that promotes the business economy by advocating for the interests of business members and fostering economic growth within their community. The Better Business Bureau also supports the economy by creating a community of trustworthy businesses. Together, both entities, along with government policies, create an environment conducive to free enterprise and the creation of wealth.
Step-by-step explanation:
The organization that promotes the business economy is the chamber of commerce. The chamber of commerce is a non-profit organization aiming to advance the interests of its business community members, ensuring economic growth within the geographic area it serves. Members benefit from the chamber's advocacy, which can involve promoting free enterprise, fostering a competitive business environment, and offering networking opportunities.
Businesses also benefit from practices enforced and encouraged by entities like the Better Business Bureau (BBB), which aims to foster trust in the marketplace. The BBB sets standards for marketplace behavior, celebrates model businesses, addresses substandard conduct, and creates a community of trusted businesses and charities. These actions align with economic freedom, responsive prices, and investment opportunities, ultimately supporting the creation of wealth and economic growth.
The U.S. government plays a supportive role by providing a suitable competitive framework that encourages free enterprise. The government promotes free market capitalism through various policies and regulations, designed to maintain economic stability, promote full employment, and assure economic freedom while ensuring public disclosure to promote healthy competition among businesses.