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Q: Smilarities us and china economic system?
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What is the economic system of the US called?

The economic system of the US is called Capitalism.


How did the economic system impacted china?

We mostly owe China our debt. So if we don't pay soon, they will take over US trade with Australia causing us to loose even more money. (also, China's military is expanding vigorously)


Is Accounting ingrained in your society and it is vital to your economic system in the US?

is accounting ingrained in our society and it is vital your economic system in the US?


The US promoted its economic interest in china by?

the open door policy


The foundation of the US economic system is?

Capatilism


Most people in the US support an economic system that is?

Most people in the US support a Capitalism economic system in which you can make as much money as you like.


What is another name for economic system in the US?

capitalism


Who established US economic system?

Alexander Hamilton


What is economic system in the US is called an?

A mixed economy


Why the literacy rates of china is high?

china has a higher literacy rate than us because it is sufficient for economic success


Do you have a free market system in the US?

The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.


What is the name of the US economic system?

The prevailing US economic system is CAPITALISM, but there are a number of elements of corporatism, socialism, and traditional economics in the US economy, leading to it being properly termed as a "mixed economy".