A national economic free enterprise system ....

• A. is fully controlled by the government
• B. has limited government intervention
• C. restricts consumer choices
• D. guarantees profits for all businesses

Answer: (B)

A national economic free enterprise system is characterized by limited government intervention, which allows individuals and businesses to operate freely in the market. In this system, the government plays a minimal role, primarily focused on maintaining the rule of law, protecting property rights, and ensuring fair competition. This limited intervention encourages entrepreneurial activities and innovation, as individuals have the freedom to start businesses, produce goods and services, and meet consumer demands.

In contrast, a system fully controlled by the government would fall under a command economy, where decisions about production and pricing are made centrally. Restrictions on consumer choices, as suggested in the other options, would undermine the essence of a free enterprise system, which thrives on variety and competition. Additionally, while profits are a goal for businesses, a free enterprise system does not guarantee profits for all; instead, success is determined by market dynamics, competition, and consumer preferences.