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WhaT is the difference between free enterprise and market economy?

The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.


who can get free government grant.?

how can i get free government to help with my bills.


How did Taiwan's free enterprise system help its ecomomy grow?

it is a pheromatimotical mogectant to taiwains economy


What do most Americans want their new government to improve trade and to what?

Most Americans wanted their new government to improve trade and to help them.


Why does the government put regulations and other limits on free enterprise?

The government may put regulation on some free enterprise to make sure that people living around that area which contains the business or industry are not harmed and satisfied.For example: If there is a person who wants to make an industry in an area where people live, the government may interfere because the industry may produce pollution which can be toxic for people living there and it may also produce noises. So the government may put regulation and limits about the place where the factory or industry is made. Hope it would help you!!


How do produces consumers and the government interact to allocate resources in a free enterprise system?

In a free enterprise system, producers, consumers, and the government interact through supply and demand dynamics. Producers create goods and services based on consumer preferences, while consumers express their needs and desires through purchasing decisions. The government plays a regulatory role, ensuring fair competition and protecting consumer rights, but typically does not dictate resource allocation directly. Together, these interactions help determine prices and the distribution of resources in the economy.


How do you get help with free medications?

you can apply for Medicaid insurance with the government


Why are entrepreneurs important in a free enterprise economy?

Entrepreneurs are important because they help boost the economy. Entrepreneurs create jobs and help other businesses expand their clientele by partnering with them.


Why did many Americans buy bonds?

people loaned the government money to help the war effort.


Why do some nations begun a transition to free enterprise?

Nations often begin a transition to free enterprise to stimulate economic growth, attract foreign investment, and enhance efficiency by promoting competition. This shift can improve living standards by fostering innovation and creating job opportunities. Additionally, adopting free-market principles can help reduce government intervention, leading to better resource allocation and increased consumer choice. Political and social pressures for reform, along with globalization, also play significant roles in this transition.


Why might a centrally planned economy begin encouraging some free enterprise?

A centrally planned economy might begin encouraging some free enterprise to stimulate economic growth, increase efficiency, and foster innovation. By allowing private businesses to operate, the government can harness market mechanisms that drive competition and responsiveness to consumer demands. This shift can also help alleviate resource allocation issues that often arise in rigidly controlled systems, ultimately leading to improved living standards and economic dynamism. Additionally, integrating free enterprise can attract foreign investment and expertise, further enhancing economic development.


How do enterprise skills help a business to be a success?

enterprise skill help a business to be a success by showing them how to take risks and other stuff