Describe the features of the Free-market system

Answer:People often use the terms free enterprise, free market, or capitalism to describe the economic system of the United States. A free enterprise economy has five important characteristics. They are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competition.

Step-by-step explanation:

Answer:

Property rights are social institutions that govern the ownership, use and disposal of resources, goods and services.

Allied to the property rights is freedom of enterprise which is another basic feature of a market economy. Freedom of enterprise means that everybody is free to engage in whatever economic activity he pleases. In other words, he is free to choose to work in any industry he likes or adopts any occupation or trade he desires.

No individuals would work and save if adequate incentives are not provided to them in the form of wages and interest respectively. Similarly, the firms will not produce goods and services and bear risk of losing money if sufficient incentives are not given to them. Profits are earned from undertak­ing the task of producing goods and services and introducing new products and new techniques of production. Profits earned by the firm depend on prices of goods and services produced and cost incurred.

In ordinary speech the word market means a place where buyers and sellers meet to buy and sell goods. In economics, market has a wider meaning and is interpreted to mean any arrangement that enables buyers and sellers to exchange things; they may contact each other through telephone, fax or direct computer link to negotiate prices of goods they buy and sell. In our above example, rational and self-interested consumers and profit-maximizing firms contact each other through any media and buy and sell things on the negotiated price.

Work out these approximate conversions. 8 miles=..... km​

8
A school board voted whether to adopt new math books. Those that voted yes
out numbered those that voted no by a ratio of 5 to 1. If 18 school board
members voted, how many voted yes for new math books and how many
voted no?

help pls lol..ASAP!!

Consider the polynomial 9n2+60n+100.
What are the square roots of the first and last terms?

square root of first term:

square root of last term:

Help please and thank you!

What integer describes a decrease of seven? (A. 7 / B. -7 / C. 0 / D. 1/7)

8. Solve for x:
3x + 8x = 44
A x= 4
B x= 44/11
C x= 11
D x=33

how is solving an equation with the variable on each side similar to solving a two-step equation? (I’ll give brainliest :) )

The cost before tax for an order of CDs from Music & More store was $214.60. If the store ordered 20 equally priced CDs, and the total shipping and handling fee was $15.00, what was the cost of one CD?

The height of a boulder falling off a 500 meter cliff can be modeled using a quadratic equation.
Part A: Write the quadratic equation to represent this situation.
Part B: Determine the time it will take the boulder to reach the ground.
Part C: In one paragraph, using your own words, explain your work in Steps A and B.​

x^2+3x+37=-7x
I'm supposed to complete the square but my teacher did not explain it well at all. It would be really great if you showed the steps to get the answer :)

can someone please help me ​

a small auditorium can seat 320 people which inequality best represents the number of people who can sit in the auditorium pls help I am in 5th grade I have been stuck on this for a week and two days now I have to finish this this is due tomorrow sorry if I spelled wrong!:)

On a certain hot​ summer's day, 291 people used the public swimming pool. The daily prices are $1.50 for children and $2.00 for adults. The receipts for admission totaled $472.50 How many children and how many adults swam at the public pool that​ day?

Heyy please answer pleaseeeeee help me

Help!!!!!! Find x and y so the quadrilateral is a parallelogram.

Asubmarine is only allowed to change its depth by rising toward the surface in 60-meter stages. It starts off at -340 meters.
1. At what depth is it after
1.1 stage
2. 2 stages
3.4 stages
2. How many stages will it take to return to the surface?

Mai is making personal pizzas for a party she uses 10 ounces of cheese to make four pizzas at this rate how much cheese will she need to make 18 pizzas?

PLEASE ANSWER I WILL MARK AS BRAINLIESTTTTTT
Simplify the expression by combining like terms.

43a−12b+13a+52b
Enter your answer as an expression, like this: 42x+53

lina works as a tutor for $15 an hour and as a waitress for $10 an hour. This month she worked a combined total of 103 hours at her two jobs. let t be the number of hours lena worked as a tutor this month. write and expression for the combined total amount she earned this month.

Your favorite shoes were on sale for 35% off. The shoes have a regular price of $160. Sales tax was 4%. What is the total price paid for the shoes including the discount and tax?

Factor the polynomial using the pattern
X^2+9x+18

I need help in this
Thanks

A recipe calls for 2 1/2 cups of flour. The recipe makes 5 servings. How many cups of flour are needed to make 7 servings?

Which inequality is graphed on the coordinate plane?

Paula can spend no more than $500 for a photographer to take specialty photos for the dinner. Aerial photos from a drone cost $25 each, and wide-angle photos costs $50 each. Suppose the photographer takes 11 aerial photos. What is the maximum number of wide-angle photos that Paula can afford?

The number 12 is divisible by... select all that apply.
15 points
2
3
4
5
6
9
10

2 times 2 times 9 times 30045

It takes Serina .5h to walk to school. Her route is 15km long. What is
her average speed?

I really need help I dont understand thank you