Question 1 • VT-GA-EOC-Personal Finance & Economics A ULHS
What are the qualities of a free-enterprise system? Check all that apply.Free-enterprise systems encourage free interaction between producers and consumers.Producers cannot control what they produce in a free-enterprise system.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.In free-enterprise systems, governments never become involved in social and economic issues.
Answer
A
Free-enterprise systems encourage free interaction between producers and consumers.
B
Producers cannot control what they produce in a free-enterprise system.
C
Governments create policies to protect the safety of citizens and fairness in the market.
D
In a free-enterprise system, ideals and needs must be balanced.
E
In free-enterprise systems, governments never become involved in social and economic issues.