203k views
3 votes
The free enterprise system is:

2 Answers

4 votes

Answer:

Step-by-step explanation:

free enterprise refers to an economy where there's freedom of businesses (enterprises) are free from government control, products, prices, and services are determined by the market, not the government. It's a capitalism system

User Lisa Miskovsky
by
5.6k points
3 votes

A free enterprise system is an economic system where a government places very few restrictions on the types of business activities or ownership in which citizens participate. This type of system is often referred to by others as a free market, or capitalism

User Mattias S
by
6.1k points