Front

The private enterprise system discourages businesses from succeeding by promoting competition.

Back

False

Front

Which of the following is true about the United States’ economic system?
Options:
Requires the government to make economic decisions for individuals
Supports the doctrine of laissez-faire to a certain degree
Utilizes only a single economic system
Restricts products from being sold internationally

Back

Supports the doctrine of laissez-faire to a certain degree

Front

Fill in the blanks: The private enterprise system is the __________ of a private business to operate competitively for __________ without excessive __________ controls. It promotes __________ and individual choice.

Back

freedom, profit, government, free will