Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Which of the following economic systems best describes the economy of the United States?
O Marxism
O command
o socialism
O free-market capitalism
closed

Sagot :

zhiwenc12

Answer:

Free-market Capitalism

anthougo

The BEST description of the economic system of the United States is D. free-market capitalism.

What is free-market capitalism?

Free-market capitalism is known for the following features:

  • Private individuals control the factors of production.
  • It is a purely capitalist economic system.
  • The laws of supply and demand regulate production, labor, and the marketplace.
  • An unregulated system of economic exchange reigns.
  • Non-existence of or minimal presence of centralized economic interventions.

The best description of the economy of the United States is not:

  • Marxism
  • Command
  • Socialism
  • Closed economic system.

But the BEST description of the economic system of the United States is D. free-market capitalism.

Learn more about free-market capitalism at https://brainly.com/question/3369578 and https://brainly.com/question/600577

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.