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Describe Free Enterprise in your own words!

User Rex Logan
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2 Answers

7 votes

Answer:

Free enterprise is a type of economy where products, prices, and services are determined by the market, not the government.

Step-by-step explanation:

It's capitalism, not communism. Things that are free are unconstrained, and a business is an enterprise. free enterprise also refers to an economy where businesses are free from government control.

User KnowIT
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8.5k points
2 votes
a financial framework wherein personal business works in rivalry and to a great extent liberated from state control.
User Shalin
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