A free enterprise system refers to:______.
a. Economic assets that are privately owned and exchanged in an open market.
b. Property ownership by a centralized government.
c. A mix of privately owned and government controlled economic assets.

A free enterprise system refers to an economy, where the market determines prices, products, and services as compared to the government. This means that businesses and services are free of government control.

The free enterprise system allows for the privilege of individual ownership of property and the means of production.

Hence, a free enterprise system refers to economic assets that are privately owned and exchanged in an open market.

Learn more about free enterprise system here: https://brainly.com/question/17010870

A free enterprise system refers to:______. a. Economic assets that are privately owned and exchanged in an open market. b. Property ownership by a centralized government. c. A mix of privately owned and government controlled economic assets.

Respuesta :

What is a free enterprise system?

Otras preguntas

A free enterprise system refers to:______.
a. Economic assets that are privately owned and exchanged in an open market.
b. Property ownership by a centralized government.
c. A mix of privately owned and government controlled economic assets.