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 are 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 means that firms are free to employ resources, produce their output, and sell their products according to their own decisions and choices. This implies a free market economy where businesses can compete with each other to provide the best goods and services at the lowest prices possible. This is a fundamental principle of capitalism and is often associated with economic growth, innovation, and prosperity.

By Freedom of Enterprise, We Mean That Individual