Why is the free enterprise system subject to business cycles?

A. because individuals and businesses acting in their own self-interest make economic decisions

B. because the government plays a role in making decisions about factors such as prices, production, and consumption

C. because of minor fluctuations such as the day-to-day fluctuations of the stock market

D. because the desire for a higher standard of living than that of the previous generation becomes harder to reach

Question

10-01-2019
Business

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Why is the free enterprise system subject to business cycles?

A. because individuals and businesses acting in their own self-interest make economic decisions

B. because the government plays a role in making decisions about factors such as prices, production, and consumption

C. because of minor fluctuations such as the day-to-day fluctuations of the stock market

D. because the desire for a higher standard of living than that of the previous generation becomes harder to reach

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MrsTriplet MrsTriplet · Answer 1 · 2019-02-17T22:06:53+01:00

Why is the free enterprise system subject to business cycles? A. because individuals and businesses acting in their own self-interest make economic decisions. A free enterprise is an economy where products, prices and services vary based on the the market and not by what the government says. The free enterprise system allows businesses to be free from government control. They are free from communism and able to make their own decisions regarding their business.