The United States has a free enterprise economy, also known as a free market economy. This means that in the United States, individuals and private businesses, not government, make most economic decisions about buying and selling. The government does play a role in the economy by providing public services and setting rules for businesses. Still, the United States is closer to a true free enterprise economy than many countries.

What are some context words or phrases in the passage to help you understand what “free enterprise” means?

Private businesses, buying and selling, public services, economic decisions, true free enterprise economy.