The US has an open economy. This type of economy has a capitalist nature.
The US is capitalist: wages system, production for sale, minority ownership of the means of production.
socialist The Libyan economy is controlled by the government.
The effects are it declined the economy miserably and sent them into the Great Depression
The US is interconnected with other parts of the world. Therefore, when our economy is doing poorly it reflects on the economies of other countries as well.
the early twentieth century
This not a question, so I don't know how to answer it.
A mixed economy
Capitalism./
market
A free market (capitalistic) economy.
The U.S. and Canada have a free market economy.
free enterprise system
free enterprise system
I think it's called a free market economy, but I am not 100% positive on that.
ran by GDP- Gross Domestic product mixed market economymixed market economy
The US is capitalist: wages system, production for sale, tiny minority own the means of production.
i dont know so dont ask me
Capitalist: wages system, production for sale, class ownership of the means of production.