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Stella [2.4K]
3 years ago
12

Which statement describes a role of government in a free enterprise system

History
1 answer:
11Alexandr11 [23.1K]3 years ago
4 0

The role of government in a free enterprise system is to allow individuals to operate their businesses in ways they think that will minimize their profits.

A free enterprise system <em>is one that is based on personal businesses in which they compete to sell their products and are free to obtain any possible benefit. </em>It is different from state-run systems such as communism where the state government controls all business and does not allow large profits to be made. The free enterprise system also allows open or very lightly regulated trade, although it regulates business when the public interest is involved.

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Which of the following policy positions is most associated with the liberal political ideology in the US?
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4. Consider the Civil war in the context of the Industrial Revolution. What was the impact of factory production
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The correct answer to this open question is the following.

Although there are no options attached, we can say the following.

Considering the Civil war in the context of the Industrial Revolution, the impact of factory production was huge in a couple of industries.

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The weaponry industry increased its production of weapons used on the battlefield by the Union Army and the Confederate army. To produce those weapons, the industry needed steel: guns, rifles, cannons, ships, and more.

Agriculture in that time also increased and the other industry that flourished was the transportation industry, particularly, railroads, those transported goods, weapons, and people across the territory during the war.

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