Government intervention in the free enterprise system often aims to:

• A. Maximize profits for large corporations
• B. Protect the interests of consumers and promote fairness
• C. Eliminate all forms of competition
• D. Reduce government oversight

Answer: (B)

The purpose of government intervention in the free enterprise system is primarily to protect the interests of consumers and promote fairness. Governments establish regulations and policies to ensure that businesses operate within ethical and legal frameworks, uphold standards for safety and quality, and provide consumers with accurate information. This protective role helps to prevent monopolies, deceitful practices, and exploitation that can arise in an unregulated market.

By intervening, the government can help create a level playing field, ensuring that competition remains healthy and beneficial for consumers. This includes actions like enforcing antitrust laws to prevent unfair competition, ensuring transparency in pricing, and safeguarding consumer rights. Such measures ultimately enhance trust in the market, which is crucial for its long-term stability and success, benefitting both consumers and businesses alike.