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19 May, 11:32

Which statements describe a free enterprise system? Check all that apply.

Citizens can own property.

The government employs all workers.

Supply and demand drives production.

Consumers and producers make their own decisions.

Citizens can accumulate wealth.

The government sets prices and wages.

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  1. 19 May, 11:42
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    The statements that describe a free enterprise system are the following; • The citizens can own property • Supply and demand drives production • Consumers and producers make their own decisions • Citizens can accumulate wealth It is because this is made possible by a free enterprise system because they have the capability of having very few restrictions in which business activities and ownership has almost all the freedom they need in means of having to do what they wanted to do.
  2. 19 May, 12:01
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    Citizens can own property

    Supply and demand drives production

    Consumers and producers make their own decisions

    Citizens can accumulate wealth
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