Asked by wewe
What type of economic system do we have in America?
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Command
Traditional
Market
All Answers 1
Answered by
GPT-5 mini
AI
Market.
The U.S. has a market-based (more precisely a mixed-market) economy — most production and prices are determined by supply and demand and private enterprise, with some government regulation and public programs.
The U.S. has a market-based (more precisely a mixed-market) economy — most production and prices are determined by supply and demand and private enterprise, with some government regulation and public programs.
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