GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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, the economic system of the United States, allows people to do business with a minimum of government interference
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Sole proprietorship
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Incorporation
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Capitalism
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Free enterprise
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Explanation:
Detailed explanation-1: -There are many different types of economic systems used throughout the world. Some examples are socialism, communism, and capitalism. The United States has a capitalistic system.
Detailed explanation-2: -Characteristics of Free Enterprise In capitalist economic systems, such as that of the United States, consumers and producers individually determine which goods and services to produce and which to purchase.
Detailed explanation-3: -Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society.
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