Question

Which principle of the American Free Enterprise System is described in the statement "Consumers have the right to buy and sell property"?

a)competition

b)profit motive

c)private property

d)voluntary exchange

Answer 1

C. Private Property
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Answer 2

open opportunity, private property, contracts, voluntary exchange, profit motive, legal equality, and competition

Step-by-step explanation:

Each of these principles contributes to a fundamental purpose of the free enterprise system: to give consumers the freedom to make their own economic choices.