The US has a form of capitalism with modest government interference with a current increasing tendency towards laissez-faire.
capitalism
Capitalism
=the capitalism start in US year of 1866=
The US Constitution says absolutely nothing about capitalism. The only oblique reference to capitalism is in the Preamble where it has the phrase "secure the Blessings of Liberty to ourselves and our Posterity". Liberty, when the US Constitution was written, referred to economic freedom to open, manage, and close businesses as well as freely shop at any business. So, the US Constitution was arguing that one of the key purposes of the US Constitution was to guarantee a free-market economy.
The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
capitalism
Capitalism
The US has what is described as a mixed economy, which has elements of capitalism and elements of socialism.
=the capitalism start in US year of 1866=
The US can be best described as having a capitalistic system. Businesses and individuals are able to go after their dreams of earning money.
the elastic clause
US President
Capitalism and communism - APEX.
CAPITALISM
The US Constitution says absolutely nothing about capitalism. The only oblique reference to capitalism is in the Preamble where it has the phrase "secure the Blessings of Liberty to ourselves and our Posterity". Liberty, when the US Constitution was written, referred to economic freedom to open, manage, and close businesses as well as freely shop at any business. So, the US Constitution was arguing that one of the key purposes of the US Constitution was to guarantee a free-market economy.
The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
Capitalism./