Answer:
decide what to produce, how much to produce, what to charge customers for those goods, and what to pay employees.
What to make, how much to produce, how much to charge customers for those things, and how much to pay staff are all decisions made by producers in a free-enterprise system.
The independence from restriction enjoyed by people and enterprises is known as free enterprise. It makes it possible for firms and individuals to create, generate, and are able and willing to produce things and services for production and sale of goods and services. No one is compelled to work with those they think are best for them in this system.
The right to private property, competition, profit as an incentive, and consumer sovereignty are the five guiding principles of the U.S. economic system of free enterprise.
In general, the United States is a good example of a free-market economy. With only a few restrictions or economic roadblocks, people are free to create enterprises, acquire and sell goods at market prices, and sell their own labor.
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