What economic system is commonly called a free enterprise system

Capitalism

Explanation:

Capitalism is generally believed to be a free enterprise system. This means that the business carried out within capitalism is unconstrained from government regulations and other similar limits. Instead, it is solely regulated by the demands of the market (supply and demand). However, no country's economy is truly free of all constraints, as all governments impose some rules on enterprise in order to prevent massive inequality and other negative social consequences.

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explanation:

codfish influenced the yankee trade because they traded it with the americans and the americans traded livestock, molasses and stuff that they can make clothes out of (like wool, and leather). they also could make weapons to.