What Kind of Economy Does the United States Have?

Answer

The United States has a free-market economy. In this type of economy private individuals own businesses and sell their services or goods to others. The prices of goods and services are based on supply and demand.
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The United States economy is described by many economists to be in a recession. This simply means our economy is going downhill, but we have not hit rock bottom!
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mixed market economy.
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The USA is primarily a capitalist system, focusing on
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