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QuizMultiple Choice

Charitable Organizations — Unit test

Question 1 • OK-Personal Financial Literacy S1 – EDGNTY-83861 26-27

Which describes an example of the economic system known as free enterprise?

Answer
A
People are free to shop around for products, but manufacturers dictate what is available.
B
People are free to shop for the best price on products because there is open competition.
C
Government oversight of business gives people freedom to shop for the best deals.
D
Government regulations ensure that everyone has the freedom to shop for the best deals.
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Which describes an example of the economic…