Texas and the Free Enterprise System Quick Check%0D%0A3 of 53 of 5 Items%0D%0A%0D%0AQuestion%0D%0AWhich statement best explains how profits create interdependence in the free enterprise system?(1 point)%0D%0AResponses%0D%0A%0D%0AStates will increase taxes on businesses to discourage them from making a profit.%0D%0AStates will increase taxes on businesses to discourage them from making a profit.%0D%0A%0D%0AConsumers compete with each other to make the most profit.%0D%0AConsumers compete with each other to make the most profit.%0D%0A%0D%0AForeign countries charge tariffs, or a tax, on imported goods to protect domestic industries.%0D%0AForeign countries charge tariffs, or a tax, on imported goods to protect domestic industries.%0D%0A%0D%0ABusinesses will produce goods to meet consumer demands when they can make a profit.%0D%0ABusinesses will produce goods to meet consumer demands when they can make a profit.
Correct answer: Businesses will produce goods to meet consumer demands when they can make a profit.
Explanation: In the free enterprise system, businesses are motivated to make a profit by producing goods and services that consumers want to buy. This creates interdependence as businesses rely on consumers to generate revenue, and consumers rely on businesses to provide the goods and services they need. This dynamic relationship drives the economy and encourages competition and innovation.