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Amiraneli [1.4K]
3 years ago
12

An economic system in which privately controlled businesses compete in a free market is called

History
1 answer:
Zepler [3.9K]3 years ago
8 0

Answer:

Free enterprise, also known as free market or capitalism, is an economic system driven by supply and demand. Private businesses and consumers control the marketplace with little to no interference from the government. In this type of system, the government does not have a central plan for the nation's economy.

Explanation:

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