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Which idea is an important element of the U.S. free enterprise system?

A) Centralized planning
B) Government control of all businesses
C) Limited government interference in business
D) Socialized production

1 Answer

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Final answer:

An important element of the U.S. free enterprise system is limited government interference in business.

Step-by-step explanation:

In the U.S. free enterprise system, an important element is limited government interference in business. Unlike a centralized planning system or government control of all businesses, the U.S. allows businesses to operate with limited government intervention. While the government does play a role in regulation and oversight, it does not control all aspects of businesses.

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