Which of the following is the guiding economic philosophy of the free enterprise system?

This question is incomplete. Here is the complete question:

Which of the following is the guiding economic philosophy of the free enterprise system?

socialism

communism

Marxism

capitalism

The correct answer is Capitalism.

Explanation:

The economic and social system called capitalism is the one which the means of production are in charge of private sector. Its fundamental sources of production are labor and capital.

In this system, capital is the one who generates wealth and through the market, is in charge of distributing resources. And just that is what is also understood by free enterprise system.

a, both were musicians during the jazz age

hr2520 is the patient's act. there is required the secretary of health to summon a committee to develop a national strategic plan of prevention. this committee has forth provisions that make possible for the govern entities to acquire private health insurance services.

is easier to keep this hr2520 as federal, because that way the secretary of health has centralized power to deal with private insurance companies and the federas government has more ways and power to negotiate with them, than doing this process state by state in their specific terms.