Question

Which of the following is not a constitutional guarantee that underlies the American economic system?

a. the right to work
b. private property rights
c. fair taxation
d. the right to make contracts

Answer 1

The private property rights (b) are not a constitutional guarantee that underlies the american economic system.

Step-by-step explanation:

The constitutional guarantees that hold the American economic system are private property rights and freedom from unlawful tax. The advantages to generators and users of the US Economic System include; independence of owning private property, generators working at their personal earnings, both users and generators can manage themselves,improved efficiencies and sufficient utilization of the accessible sources.

The free enterprise system has four features:

Commercial independence, Optional replacement, Individual assets, and the Profit Purpose. The free enterprise system may also be described as an economic system.