What are the main goals of economic policy within a free-enterprise system? Check all that apply.to limit the number of producers that can enter a given marketto ensure that the economic needs of citizens are met, such as employmentto ensure that the market is fair, allowing for competition and consumer choiceto guarantee that all producers are maximizing profitsto work toward solving the problem of poverty
Answer
A
to limit the number of producers that can enter a given market
B
to ensure that the economic needs of citizens are met, such as employment
C
to ensure that the market is fair, allowing for competition and consumer choice
D
to guarantee that all producers are maximizing profits
E
to work toward solving the problem of poverty
Explanation
Economic policy in a free-enterprise system aims to support citizens’ economic well-being, encourage fair competition and consumer choice, and address problems such as poverty. Therefore, ensuring employment and other economic needs, keeping markets fair, and working to reduce poverty are goals. Limiting how many producers may enter a market restricts competition, and guaranteeing that every producer maximizes profit is not a government policy goal.
AI-written and checked against the verified answer.