By freedom of enterprise, we mean that individual
A) workers are free to look for jobs and work in whichever firm will hire them.
B) firms are free to employ resources, to produce their output, and to sell their products.
C) producers are free to produce whatever the government decides is needed by the society.
D) consumers are free to buy whatever products will satisfy their needs the most.

Question

Quizplus · Accepted Answer

Freedom of enterprise refers to the ability of firms to operate freely in terms of their use of resources, production of goods and services, and sale of those products without government interference. This freedom allows firms to make individual economic decisions for themselves, which can ultimately lead to a more efficient economy.

By Freedom of Enterprise, We Mean That Individual