Question

What are aspects of a free enterprise system?

Answer 1

A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.

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Answer 2

3, 4, 5

Step-by-step explanation:

3.) There are few limits on the use of private property.

4.) Consumers make all of their economic choices.

5.) Producers make all of their economic choices.