100 points!! What are the characteristics/elements of a Free Enterprise system?


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Respuesta :

Answer:

A free enterprise system has 7 elements/charasteristics : the profit motive, private property rights, competition, willing exchange, economic freedom, equal opportunity, and binding contracts.

Explanation:

Answer:

a free enterprise system has 7 elements/charasteristics : the profit motive, private property rights, competition, willing exchange, economic freedom, equal opportunity, and binding contracts.

Explanation:

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