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Question
which of the following roles does the government play in a free enterprise system? select all that apply. protect the consumer encourage private investment increase government ownership of industry limit government spending
In a free - enterprise system, the government's role is to protect consumers (e.g., through regulations on product safety) and encourage private investment (e.g., by providing a stable legal and economic environment). Increasing government ownership of industry is more in line with a socialist or mixed - economy approach rather than a free - enterprise system. Limiting government spending is more of a fiscal policy goal that is not directly a core role of the government in a free - enterprise system in terms of its interaction with the private sector.
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protect the consumer, encourage private investment