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Free enterprise policy

A Free enterprise economy, also called "The Free Market" is defined as all voluntary business activities in a given economic area. It also refers to a legal system whereby commercial activities are primarily regulated through private measures rather than through political means.

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Classical economics played an important role in helping the United States establish Free enterprise policy.

What is Free enterprise policy?

This policy ensures that there is freedom of individuals and businesses to regulation.

Classic economics ensured economic growth and freedom which was why it brought about the free enterprise policy.

Read more about Classical economics here https://brainly.com/question/419703

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