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What is the economic system of the US called?
The economic system of the US is called Capitalism.
What was the economic system of the US?
With the exception of the depression era of the 1930's (the stock market crash of 1929), our capitalistic system of government has given the citizens of the US a very high standard of living.
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 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.
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.
Who established US economic system?
Alexander Hamilton
What is economic system in the US is called an?
A mixed economy
What is another name for economic system in the US?
capitalism
What is inference to the best explanation and how does it help us make sense of complex situations?
Inference to the best explanation is a reasoning process where we make conclusions based on the most plausible explanation for a given situation. It helps us understand complex situations by guiding us to consider all relevant information and choose the most likely explanation, leading to a clearer understanding of the situation.
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".
In the US what role does the government play in the economic system?
the government enforces economic laws and regulations
