There is no role for government in a free enterprise economy such as the United States.

Question

Quizplus · Accepted Answer

While a free enterprise system promotes private ownership and competition, the government still plays a significant role in regulating the economy, protecting property rights, enforcing contracts, and providing public goods and services. Without government intervention, monopolies, externalities, information asymmetry, and market failures could undermine the efficiency and equity of the market outcomes. Therefore, the government is necessary to ensure a level playing field and promote the common good in a free enterprise economy.

There Is No Role for Government in a Free Enterprise