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The term that indicates ownership, either by individuals or by a business, is ...

  • a)
    Centrally planned economy

  • b)
    Competition

  • c)
    Private property   

  • d)
    Free enterprise

Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The term that indicates ownership, either by individuals or by a busin...
Answer is D not C because free enterprise means operation of private business without government control and only private property indicates ownership, either by individuals or by a business.
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Community Answer
The term that indicates ownership, either by individuals or by a busin...
Free enterprise means operation of private business without government control and only private property indicates ownership, either by individuals or by a business.
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The term that indicates ownership, either by individuals or by a business, is ...a)Centrally planned economyb)Competitionc)Private property d)Free enterpriseCorrect answer is option 'C'. Can you explain this answer?
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