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ser-zykov [4K]
3 years ago
6

Explain the components of the free-enterprise system.

Social Studies
2 answers:
REY [17]3 years ago
5 0

Answer:

Free enterprise is an economic system that provides individuals the opportunity to make their own economic decisions, free of government constraints, and as private profit-potential businesses.

eduard3 years ago
3 0

Most free enterprise systems consist of four components: households, businesses, markets and governments. In a free enterprise system, households — not the government — own most of the country's economic resources and decide how to use them. Businesses organize economic resources to create a good or service.

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