Answers26-27 Ignite Economics-KY-EconomicsInflation and Stagflation (continued)

Inflation and Stagflation (continued) Answers

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7

What are the qualities of a free-enterprise system? Check all that apply.Free-enterprise systems encourage free interaction between producers and consumers.Producers cannot control what they produce in a free-enterprise system.Governments create policies to protect the safety of citizens and fairness in the market.In a free-enterprise system, ideals and needs must be balanced.In free-enterprise systems, governments never become involved in social and economic issues.

A
Free-enterprise systems encourage free interaction between producers and consumers.
B
Producers cannot control what they produce in a free-enterprise system.
C
Governments create policies to protect the safety of citizens and fairness in the market.
D
In a free-enterprise system, ideals and needs must be balanced.
E
In free-enterprise systems, governments never become involved in social and economic issues.
9

She has identified the , so her next step is to .

A
develop a plan
B
create new public policy

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