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Lesechka [4]
3 years ago
14

List three characteristics of the free enterprise system

History
1 answer:
kozerog [31]3 years ago
3 0

The three main caracteristics of the free enterprise system are the following:

First, the system is based on private ownership of the means of production. Second, the system allows free and autonomous business management of state control. Finnaly, the allocation of productive resources is done in a decentralized manner and obeys the decisions of economic agents who are guided by their owm interests.

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