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The US uses a mixed market econmy, which is the idea used to combinnes, capitalism, and free martkets to make profits. This is constant because in a mixed economy there is the philosophy of Laissez-faire capitalism which is french for let be. This means that the government does not interferes with businesses making their profits as long as it is legal.
Wiki User
∙ 14y ago
paulbenn
The US is capitalist: class ownership of the means of production, production for sale, wages system, massive inequalities of wealth and power, unemployment, poverty.
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What is the economic system of the US called?
The economic system of the US is called Capitalism.
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.
What is another name for economic system in the US?
capitalism
What is the economic system of the US called?
The economic system of the US is called Capitalism.
Was the Great Depression a historical aberration or was it a predictable outcome of the kind of economic system that existed in the US until the 1930s?
yes
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.
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
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
Your economic system in the US is called?
it is called: Free Enterprise
