Ask Question
21 November, 22:22

Which of the following is characterized by private or corporate ownership of capital goods; investments that are determined by private decision rather than by state control; and determined in a free market?

+4
Answers (1)
  1. 22 November, 02:02
    0
    Free enterprise

    Explanation:

    A free enterprise is a kind of market that is free from government control and involvement and in which the production of goods and services are determined by private individuals. In a free enterprise the private individuals are permitted to organize means of production, in manufacturing goods of their choice. This can also be referred to Capitalism
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is characterized by private or corporate ownership of capital goods; investments that are determined by private ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers