Question

what are aspects of a free - enterprise system? check all that apply
private ownership of property is severely restricted
the government has a lot of power and influence
there are few limits on the use of private property
consumers make all of their economic choices
producers make all of their economic choices

Explanation:

In a free - enterprise system:

• Private property use: There are few limits on the use of private property as individuals have the right to use their property (within legal bounds) for economic activities.
• Consumer choice: Consumers have the freedom to make economic choices such as what to buy, based on their preferences and budgets.
• Producer choice: Producers have the autonomy to make economic choices like what to produce, how much to produce, and at what price to sell, aiming to maximize profits.

Options A and B are incorrect. In a free - enterprise system, private ownership of property is not severely restricted (contradicts A). Also, the government has a limited role (not a lot of power as in B), mainly for functions like protecting property rights, ensuring fair competition, etc.

Answer:

C. There are few limits on the use of private property, D. Consumers make all of their economic choices, E. Producers make all of their economic choices