In a free enterprise economy, who ultimately decides what gets produced?

Which of the following is largely responsible for the growth of a free enterprise system?

Producers and sellers fight with one another to attract consumers, while lowering costs is _____________________

3. Between 2007 and 2009, the U.S. went through a difficult economic period called the

7. In its role as a regulator, what is the government’s primary responsibility?

rise in the general level of prices

the role of the consumer as ruler of the market

Which of the following services does the federal government provide

One of the characteristics of a capitalist free enterprise economy is ____. A) the minimum wage B) consumerism C) voluntary exchange D) central planning

driving force that encourage people to improve their material well-being

Economic equity means that it is illegal to discriminate on the basis of age, sex, race, religion, or ____.

Explain why competition in the market place is good for consumers

The economic system of the United States is considered a ____.