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8 July, 00:46

Free enterprise is based solely on what as the means of production?

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  1. 8 July, 02:32
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    Free enterprise is based solely on private ownership as the means of production. This type of system gives power to its citizens by restricting the government when it comes to ownership and regulating business. Citizens are allowed to freely own and operate a business, make a profit and compete against other businesses.
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