Free enterprise refers to the right of:
A) businesses to make their own decisions and operate with a profit motive.
B) society to demand that certain essential products be made available free of charge.
C) businesses that produce products that help the poor to be exempt from paying taxes.
D) none of the above.
Correct Answer:
Verified
Q19: In a market economy the three basic
Q20: In a market economy, the willingness and
Q21: A "price system"is most closely associated with:
A)
Q22: For a pure market economy to work:
A)
Q23: Private property rights:
A) are one of the
Q25: An economic system with free enterprise, private
Q26: Capitalism is an economic system where:
A) there
Q27: The basic circular flow model includes:
A) businesses,
Q28: In a circular flow model of a
Q29: In a circular flow model of a
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