Freedom of enterprise
A) is a characteristic that is common to most economic systems.
B) in a market system means that entrepreneurs can obtain and use economic resources without any legal restraint.
C) allows businesses, within broad limits, to choose what goods to produce.
D) refers primarily to the right of consumers to purchase what they want.
Correct Answer:
Verified
Q11: Of the following countries, which one best
Q12: Copyrights and trademarks are examples of
A) capital
Q13: Which of the following is a distinguishing
Q14: Broadly defined, competition involves
A) private property and
Q15: Private property
A) discourages cooperation because people don't
Q17: Economic systems differ according to which two
Q18: Which of the following is not a
Q19: Which of the following is a distinguishing
Q20: The French term "laissez-faire" means
A) "there is
Q21: Economic profits in an industry suggest the
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