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One of the characteristics of private enterprises is ____...

One of the characteristics of private enterprises is ______?

A.

Provision of welfare to the citizens

B.

That tax payers bear all the risks

C.

Public ownership of shares

D.

Individual funding of business activities

Correct answer is D

Characteristics of the private enterprise system:

  • Private ownership of property.
  • Entrepreneurship.
  • Consumer independence.
  • Market forces (competition, supply and demand, profit motive)