19. select the best answer.\n______ competition in a free enterprise system creates the best environment for…

19. select the best answer.\n______ competition in a free enterprise system creates the best environment for consumers’ freedom and security.\nrandom\nperfect\n\n20. select the best answer.\n“...nor shall ______ property be taken for public use, without just compensation.”\nprivate\nindustrial

19. select the best answer.\n______ competition in a free enterprise system creates the best environment for consumers’ freedom and security.\nrandom\nperfect\n\n20. select the best answer.\n“...nor shall ______ property be taken for public use, without just compensation.”\nprivate\nindustrial

Answer

Brief Explanations:

  1. In a free - enterprise system, perfect competition ensures consumers have maximum choice, fair prices, and security as firms compete on equal footing. Random competition does not guarantee such an ideal environment.
  2. The Fifth Amendment of the United States Constitution states that private property cannot be taken for public use without just compensation. Industrial property is not the correct term in this context.

Answer:

  1. B. Perfect
  2. A. private