Question
The United States can BEST be described as having which of the following:
Question 28 options:
Command Economy.
mixed market economy.
pure free enterprise system.
traditional system.
Question 28 options:
Command Economy.
mixed market economy.
pure free enterprise system.
traditional system.
Answers
GPT-4o mini
The United States can BEST be described as having a **mixed market economy**. This means that it combines elements of free markets with government intervention. While the market is largely driven by supply and demand, the government also plays a significant role in regulating and influencing the economy, providing public goods, and addressing market failures.