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26 February, 17:34

Free Enterprise is the main economic system used in the United States.

Question 3 options:

True

False

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Answers (1)
  1. 26 February, 17:50
    0
    True

    Explanation:

    In a free enterprise economic system, the government issues minimal restrictions on the types of goods or services produced. It does not set prices; neither does it dictate the nature of business operations.

    In the United States, forces of demand and supply determine the prices. Entrepreneurs have the freedom to decide the type of business to operate. Customers have the option of choosing the products they want to buy. For this reason, the US main economic system is a free enterprise.
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