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QuizMultiple Select

Economic Policy

Question 3 of 10 • 26-27 Ignite Economics-KY-Economics

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
A
Citizens can own property.
B
The government employs all workers.
C
Supply and demand drives production.
D
Consumers and producers make their own decisions.
E
Citizens can accumulate wealth.
F
The government sets prices and wages.
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