Asked by
Patsy Negrete
on Nov 03, 2024
Verified
The private enterprise system is enhanced by maximized government participation.
Maximized Government Participation
A policy or approach where the government actively engages in various sectors of the economy, often including owning or regulating businesses and industries.
Private Enterprise System
An economic system where private individuals or businesses own the means of production and operate for profit, often characterized by competition and market forces.
- Acquire knowledge about the contribution and effect of governmental involvement in the private sector economy.
Verified Answer
RK
Learning Objectives
- Acquire knowledge about the contribution and effect of governmental involvement in the private sector economy.
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