Free Enterprise System

Front

Another word used to describe a free enterprise system is:

Back

capitalism

Front

Under a free enterprise system, businesses in the U.S. are allowed to do all of the following EXCEPT:
decide what products to sell,
decide how to operate their business,
price their products,
they're allowed to do all of the above

Back

they're allowed to do all of the above

Front

In a free enterprise system, the government places ________________ restrictions on businesses and its citizens:

Back

minimum

Front

This nations government does NOT use a free enterprise system: Canada, United States, North Korea, South Korea

Back

North Korea

Front

True or False: The U.S. government allows businesses to produce and sell products which express an opinion:

Back

True

Front

All of the following are characteristics of a free enterprise system EXCEPT: freedom to pursue an education, freedom to seek employment, freedom to scam others, freedom to purchase property

Back

freedom to scam others

Front

A government which uses a free enterprise system of economics, allows its citizens to: Start their own business, purchase goods wherever, spend their money as they please,

Back

all of the above

Front

True or False: Under a free enterprise system, people must work in a profession that is chosen for them by the government.

Back

False

Front

In a free enterprise system, the spending habits of _____ determine which products and services to offer:

Back

Consumers

Front

The governments of these two Asian nations are examples of governments who restrict the economic freedoms of their citizens: France & Egypt, Japan & Alaska, India & China, China & North Korea

Back

China & North Korea