Answer to Question #183994 in Economics for Rearabetswe Maleka

Question

In a country such as South Africa, the most important characteristic of the business world in 

which it operates includes ___________________________. 

1 the freedom of individuals to establish any business of their choice 

2 the state owning and controlling the community’s resources or factors of production

3 the limited choice of products and services that the state offers

4 the allocation of resources which are not affected by free markets

Answer 1

1 the freedom of individuals to establish any business of their choice