WORLD HISTORY

Detailed explanation-1: -A free enterprise legal system tends to result in capitalism.

Detailed explanation-2: -Capitalism, also called a free enterprise system, is based on private ownership and on individual economic freedom.

Detailed explanation-3: -A free enterprise system is an economic system where a government places very few restrictions on the types of business activities or ownership in which citizens participate. This type of system is often referred to by others as a free market, or capitalism.

Detailed explanation-4: -Pure capitalism is a free, private economic system that allows voluntary and competing private individuals to plan, produce, and trade without government interference.

Detailed explanation-5: -uncountable noun. Free enterprise is an economic system in which businesses compete for profit without much government control.