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Is America socialist

Updated: 8/23/2023
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βˆ™ 10y ago

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The United States is not an example of a socialist country. The economy of the USA can be said to be a mixed economy that favors private enterprise. It is a mixed economy because the Federal government and the Federal Reserve System it created does play a significant role in the economy. But not significant enough to stray too far from a private enterprise nation.

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βˆ™ 9y ago
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βˆ™ 10y ago

Yes, it is. Pray for your relatives if they live there.

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