Question

1. which of the following statements best describes the way that the u.s. economic system functions: a. individuals are the primary decision makers, while businesses are the regulators. b. individuals and businesses are the primary decision makers, and there is no regulator. c. the government is the primary decision maker, and occasionally it becomes the regulator. d. individuals and businesses are the primary decision makers, while the government is the regulator. 7. the basic role of the united states government is to a. protect u.s. citizens. c. increase production. b. maintain control of prices. d. limit business startups. 8. in a private enterprise economic system, consumers can choose from a variety of products as a result of a. the collection of taxes. c. inflation. b. limited government control. d. competition.

Explanation:

• For question 6: In the U.S. economic system, individuals and businesses make primary decisions in the market - based on supply and demand, and the government regulates to ensure fairness and stability.
• For question 7: One of the fundamental roles of the U.S. government is to safeguard its citizens through various means like national defense and law - enforcement.
• For question 8: In a private - enterprise system, competition among businesses leads to a variety of products for consumers to choose from as companies try to gain market share.

Answer:

1. D. Individuals and businesses are the primary decision makers, while the government is the regulator.
2. A. protect U.S. citizens.
3. D. competition.