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Preview. Study with Quizlet and memorize flashcards containing terms like 5 Characteristics - #1 Economic Freedom, 5 Characteristics - #2 Voluntary Exchange, 5 Characteristics - #3 Private Property and more.
- Economics Free Enterprise: Chapter 2 Flashcards | Quizlet
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- Free Enterprise Economy Flashcards | Quizlet
Free Enterprise Economy. •Economic system in which private...
- Free Enterprise Economy: Definition & Examples - Quizlet
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- Economics Free Enterprise: Chapter 2 Flashcards | Quizlet
Quiz yourself with questions and answers for Economics quiz 2: Free Enterprise, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.
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Modified Free Enterprise Economy. free enterprise market economy where people carry on their economic affairs freely, but are subject to some government intervention and regulation; also see mixed economy. Minimum Wage. lowest legal wage that can be paid to most workers. Social Security.