What is the name of an economic system in which government allows private business owners to produce and make a profit from selling a wide variety of goods and services. Insert symbol character?

The economic system you are referring to is called capitalism. In capitalism, the government generally maintains a hands-off approach, allowing private business owners to produce goods and services for profit. This system encourages competition and innovation, leading to a diverse marketplace. The symbol character often associated with capitalism is the dollar sign ($), representing financial transactions and profit-making.