It is TRUE that a free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government.
What is a free enterprise system?
A free enterprise system is characterized by:
- Unrestricted business activities and ownership
- Free trade
- Lack of government intervention
- Market forces demand profits and prices.
In a free enterprise system, investment, production, and distribution are guided by the forces of supply and demand.
Thus, it is TRUE that a free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government.
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