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SVETLANKA909090 [29]
3 years ago
8

How is the role of government determined in the american free enterprise system?

Business
2 answers:
Ket [755]3 years ago
6 0

the american free enterprise system is based on private property, profit, competition and consumer choice. so govt role is to make sure those conditions are there; e.g. there is fair competition, regulate monopolies so consumer will have choices, enforce laws protecting property rights n so on.

Whitepunk [10]3 years ago
4 0

i would believe that the government plays an important role in a market economy As we saw in our discussion of competitive markets, a free enterprise system is largely self-regulating. Therefore, government plays a limited, but important, role, allowing individuals to make most of the economic decisions.

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