Ask Question
20 May, 15:00

Which of the following is true in a free enterprise economy?

A.

Supply and demand influences the economic decisions of businesses and individuals.

B.

The government decides what the prices of goods will be.

C.

The government controls the most profitable businesses.

D.

People are told by the government what type of work they must do.

+1
Answers (1)
  1. 20 May, 15:08
    0
    A. Supply and demand influences the economic decisions of businesses and individuals.

    Explanation:

    Free enterprise is essentially the economic system that the US has; basically, private businesses have the freedom to make their own economic decisions on how they want to make profit, with the government playing little role in this.

    Looking at the answer choices, all B, C, and D indicate the government holds the power, which is wrong. Only A matches and is correct.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is true in a free enterprise economy? A. Supply and demand influences the economic decisions of businesses and ...” 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