a genotype is a set of genes located in our dna which is accountable for a specific or certain trait. a phenotype is the physical result or characteristics from that given trait.
people often use the terms free enterprise, free market, or capitalism to describe the economic system of the united states. a free enterprise economy has five important characteristics. they are: economic freedom, voluntary (willing) exchange, private property rights, the profit motive, and competitioneconomic freedomvoluntary exchangeprivate propertythe profit motive.