Free Enterprise

In The United States we have what type of economic system?

• Mercantilism

• Free Enterprise

• Communism

Under Free Enterprise, Consumers can buy whatever they wish

• True

• False

Under Free Enterprise, The government tells us what to produce

• True

• False

In a Free Enterprise System, can multiple companies make the same product?

• Yes

• No

In a Free Enterprise system, can the government tell us which products to buy and from which company?

• Yes

• No

In a Free Enterpise System, there is free interplay between which two groups?

• Producers and Consumers

• Left and Right

• Democrats and Republicans

In America Individuals are free to produce and sell what?

• Whatever they want

• Whatever the government tells them

In a Free Enterprise System, Americans are free to buy what?

• What the government tells them

• Whatever they can afford

Which type of economy is best described by these characteristics?

• Subsistence farming

• Free enterprise

• Mercantilism

• Socialism

After the War of 1812, thousands of settlers and immigrants moved to the western frontiers of the United States in search of farming and business opportunities. In response, the government began building roads. This transportation network intended to -

• promote the free enterprise system

• establish federal control over industry

• discourage the organization of new territories

• prevent border disputes between states.