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ipn [44]
3 years ago
11

The free enterprise system is a type of economy that:

Business
1 answer:
neonofarm [45]3 years ago
3 0

Answer:

B. allows businesses to operate without much government

interference.

Explanation:

The free enterprise system is an economic model where government participation is minimal. The private sector owns the majority of factors of production. The laws of supply and demand determine market prices, the type, quality, and quantity of goods to be availed for sale.

The government's role is mainly regulatory. Buyers and sellers have the freedom to choose what to sell or buy. Profits are a big motivation to do business under the free enterprise system.

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