Answered

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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

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