which of the following system is called free economy?
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Free economy is that which is based upon the principles of private enterprise and has a minimum of governmental restrictions.
Explanation:
The free economy is also referred to as free market in an economy where there is no obstruction in form of competition and there are only private transactions between buyers and sellers.
In a free economy the people have the freedom to create new ideas and be innovative with new products, and new services to sell for profit.
In the free economy they are are not directed by the government and they are not required to only produce what the government tells them to produce.
Mark as the brainliest ^_^
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