Question

In a free-enterprise system who makes the important decisions about economic activities like buying and selling?

Answer 1

Answer:

the individuals

Explanation:

A free enterprise is defined as an economic system where very few restrictions are being placed on the business activities as well as the ownership in terms of the trade and intervention of the government.

The free enterprise system mainly has four basic components. They are :

-- the individuals or the households

-- the government

-- the businesses

-- the market

Here, the individual or the households are given most of the resources and the responsibility to take decisions on the important economic matters.