which statements describe a free enterprise system? check all that apply. citizens can own property. the…

which statements describe a free enterprise system? check all that apply. citizens can own property. the government employs all workers. supply and demand drives production. consumers and producers make their own decisions. citizens can accumulate wealth. the government sets prices and wages.

which statements describe a free enterprise system? check all that apply. citizens can own property. the government employs all workers. supply and demand drives production. consumers and producers make their own decisions. citizens can accumulate wealth. the government sets prices and wages.

Answer

Brief Explanations:

In a free - enterprise system, private property ownership is allowed, supply and demand drive economic activities, consumers and producers have autonomy in decision - making, and citizens can accumulate wealth. The government does not employ all workers or set prices and wages in a free - enterprise system.

Answer:

  • Citizens can own property.
  • Supply and demand drives production.
  • Consumers and producers make their own decisions.
  • Citizens can accumulate wealth.