How did the free enterprise system develop?

The free enterprise system was a result of religious movements that encouraged economic independence.
The free enterprise system was a result of religious movements that encouraged economic independence.

It was a system imposed by absolute monarchs to increase their wealth.
It was a system imposed by absolute monarchs to increase their wealth.

It emerged from Enlightenment ideals that emphasized individual economic freedom and competition.
It emerged from Enlightenment ideals that emphasized individual economic freedom and competition.

It developed as a government-controlled economic system with no private ownership.

This statement is incorrect. The free enterprise system is actually characterized by private ownership of businesses and a limited government intervention in the economy. It is the opposite of a government-controlled economic system.