What are the rights and responsibilities of individuals in the American free enterprise system?

In the American free enterprise system, individuals have the right to own property, start businesses, and engage in voluntary exchanges in the marketplace. They also have the responsibility to operate ethically, comply with laws and regulations, and respect the rights of others. Additionally, individuals are encouraged to contribute to the economy and society, fostering competition and innovation while also being mindful of the impact of their actions on the community. Ultimately, this system balances personal freedoms with accountability to ensure a fair and thriving economic environment.