Which of the following best describes the free enterprise system of the United States?
It is a mixed economy with limited government intervention and a great deal of economic freedom.
It is a mixed economy with equal amounts of economic freedom and government intervention.
It is a free market economy.
It is a traditional economy.
The free enterprise system of the United States is best described with the following statement: It is a mixed economy with limited government intervention and a great deal of economic freedom. Mixed economies are market-based economic systems in which government plays limited role. The economic freedom refers to the the individual freedom of consumers and producers.
