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28 February, 08:46

Oscar is a real estate entrepreneur in a country that promotes the individual right to own property, earn profits, make decisions about business operations, and choose productivity systems. Which system best describes Oscar's business environment?

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  1. 28 February, 09:01
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    The correct answer is: Free Enterprise.

    Explanation:

    Free Enterprise is the economic term used to describe an economy with very little government ownership or regulation. In a free enterprise system, competition and the preferences and choices of consumers are the primary restrictions on businesses' actions. Free enterprise advocates claim that the market is the best way to regulate human behavior and equitably create and distribute wealth.
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