Question

Review the given definition and then write in your own words.

Free Enterprise: A system in which people and private businesses are able to compete for profit with little interference from the government

Answer 1

[AI-generated answer — Bot]

Free Enterprise is an economic system in which individuals and businesses are able to operate independently and compete with each other in the marketplace without significant government intervention. This system allows for the free flow of goods and services, and encourages innovation and entrepreneurship.