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When referring to a free enterprise system, "private property" means that ...
  • a)
    No one is allowed access to a particular place
  • b)
    Equipment and buildings can be owned by individuals or businesses
  • c)
    One must ask permission before entering someone's yard
  • d)
    Things and buildings can be owned by individuals and governments
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
When referring to a free enterprise system, "private property&quo...
It typically means an economic system in which individuals and businesses are free to compete with each other to produce and sell goods and services without interference from the government. This system allows for private ownership of resources and encourages innovation and entrepreneurship. In a free enterprise system, prices and production are determined by supply and demand, and consumers have the ability to make choices about what they buy and from whom.
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When referring to a free enterprise system, "private property" means that ...a)No one is allowed access to a particular placeb)Equipment and buildings can be owned by individuals or businessesc)One must ask permission before entering someones yardd)Things and buildings can be owned by individuals and governmentsCorrect answer is option 'B'. Can you explain this answer?
Question Description
When referring to a free enterprise system, "private property" means that ...a)No one is allowed access to a particular placeb)Equipment and buildings can be owned by individuals or businessesc)One must ask permission before entering someones yardd)Things and buildings can be owned by individuals and governmentsCorrect answer is option 'B'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about When referring to a free enterprise system, "private property" means that ...a)No one is allowed access to a particular placeb)Equipment and buildings can be owned by individuals or businessesc)One must ask permission before entering someones yardd)Things and buildings can be owned by individuals and governmentsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When referring to a free enterprise system, "private property" means that ...a)No one is allowed access to a particular placeb)Equipment and buildings can be owned by individuals or businessesc)One must ask permission before entering someones yardd)Things and buildings can be owned by individuals and governmentsCorrect answer is option 'B'. Can you explain this answer?.
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