Ask Question
18 April, 22:23

Which statement describes a role of government in a free enterprise system

+4
Answers (1)
  1. 18 April, 22:28
    0
    The role of government in a free enterprise system is to allow individuals to operate their businesses in ways they think that will minimize their profits.

    A free enterprise system is one that is based on personal businesses in which they compete to sell their products and are free to obtain any possible benefit. It is different from state-run systems such as communism where the state government controls all business and does not allow large profits to be made. The free enterprise system also allows open or very lightly regulated trade, although it regulates business when the public interest is involved.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which statement describes a role of government in a free enterprise system ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers