what are the qualities of a free - enterprise system? check all that apply.\nfree - enterprise systems…
what are the qualities of a free - enterprise system? check all that apply.\nfree - enterprise systems encourage free interaction between producers and consumers.\nproducers cannot control what they produce in a free - enterprise system.\ngovernments create policies to protect the safety of citizens and fairness in the market.\nin a free - enterprise system, ideals and needs must be balanced.\nin free - enterprise systems, governments never become involved in social and economic issues.
Answer
Brief Explanations:
- In a free - enterprise system, free interaction between producers and consumers is encouraged as it allows for a market - driven economy.
- Producers have the freedom to decide what to produce.
- Governments often create policies to safeguard citizens and ensure market fairness, which is a common feature in a well - functioning free - enterprise system.
- Balancing ideals and needs is an important aspect as different stakeholders have various interests.
- Governments do get involved in social and economic issues in a free - enterprise system, for example, through regulations.
Answer:
- Free - enterprise systems encourage free interaction between producers and consumers.
- Governments create policies to protect the safety of citizens and fairness in the market.
- In a free - enterprise system, ideals and needs must be balanced.