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Q: What is the relationship between a business enterprise and the economy?
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Related questions

What is the relationtionship between business and economy?

Business is part of economy, forming business sectors (S11-S13 in UN National system of accounts)


What is the key role in a free enterprise economy?

There is no one key role; a functional free enterprise economy depends on business owners, workers and consumers having equal power, and on government regulation.


Does the United States have a free enterprise economy?

Yes, the US has a free enterprise economy.


WhaT is the difference between free enterprise and market economy?

The difference between free enterprise and market economy is that in a market economy, thr govevernment has little effect on what you do with your company, and in a free enterprise economy, the government has more control over wat goes on with the company. If you. Are over the age of 12 and you asked this, you need some help because I am 11 and I wrote this.


Why has the US modify the free enterprise economy?

It hasn't modified it at all. You want to start a business you can, or invent something new you can, and create a new concept you can. All of this is free enterprise.


What economic system does the U.S. use?

Free Enterprise It is not Capitalism A Free Enterprise System is when you have the right to run a business to make a profit with limited interference from the government.


Role of small business in indian economy?

A small business or cottage industry may be defined as an enterprise or series of operations carried on by a skilled workman in the craft on his responsibility. It helps the economy in promoting balanced development of industries across all the regions of the economy.


What is argentina's economy type?

The economy is a free enterprise market economy.


How does economy relate to free enterprise?

In an economy based on free enterprise people are free to start their own businesses.


What economy does the Philippines have?

The economy of Philippines is based on free enterprise.


What is a modified private enterprise economy?

A modified private enterprise economy is based on capitalism but has some government interference to prevent monopolies. Example is the economy of the U.S


Describe how the business cycle changes?

The business cycle under free enterprise is a recurring cycle of booms and busts, recoveries and recessions, as various areas of the economy either grow or wither.