Ask Question
23 August, 20:49

Freedom of enterprise Multiple Choice in a market system means that entrepreneurs can obtain and use economic resources without any legal restraint. refers primarily to the right of consumers to purchase what they want. allows businesses, within broad limits, to choose what goods to produce. is a characteristic that is common to most economic systems.

+5
Answers (1)
  1. 24 August, 00:47
    0
    Answer: allows businesses, within broad limits, to choose what goods to produce

    Explanation:

    Free enterprise also referred to as the free market is a form of economy whereby prices, services and products, are determined by the market, and not the government. In free enterprise, the susinesses and services are free from the control of the government.

    Things that are free means they are unconstrained, while a business means an enterprise. Therefore, the free enterprise is an economy whereby the businesses are free from the control of the government.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Freedom of enterprise Multiple Choice in a market system means that entrepreneurs can obtain and use economic resources without any legal ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers