What kind of economic system the US have?

Answer 1

Answer 1:

Capitalism

Answer 2:

I disagree with the first answer. We are generally regarded to be a "mixed economy", that is to say, a blend of freedom and controls. The "freedom" part is Capitalism and the "controls" part is Socialism or Fascism. (Most of what people call "Capitalism" is really "Fascism")

By any standard, it would be difficult to see any "freedom" or Capitalism in a nation in which no one actually knows how many pages of regulations apply to all facets of all businesses.

Really. There is no one who knows how many pages of regulations exist, let alone how many regulations are on each of those innumerable pages. Not when you count all the Congressional laws, all the Executive orders, all the Supreme Court case laws, all the laws by international treaty and all the regulations of all the bureaucratic agencies like OSHA, SEC, FTC, EPA, FDA, DOT and such.

Bear in mind the Founder's reference to regulating interstate commerce has been so broadly expanded as to apply to pretty much anything. Even eating home made bread made from wheat you grow on your own land can be regulated and fined - as if you didn't do that, you might buy it from another state, therefore you are affecting interstate commerce. See Wickard vs. Filburn, 1942 if you believe I exaggerate.

And don't forget all the state and local laws from building and zoning codes to environmental impact rules to EEO standards. And if you do business in all states, you must follow fifty different versions and variations.

All businesses are required to comply with all those regulations, though. After all, ignorance of the law is no excuse.

And whether all that is good or bad, it sure isn't Capitalism or Freedom.

Answer 2

The United States has a State Capitalist economy. the 6 types of economies are: Radical Capitilism, Classic Liberal Capitalism, State Capitalism, European Social Democracy, Worker Management Socialism, Centralized Socialism, and Communism. As you go from left to right, answers to who owns businesses and decides the economic decisions shift from the Individual to the Government. So in Radical Capitalism, there is no Government, and in Communism, the Government controls everything. In a State Capitalist country like the United States, Individuals own business and make most business decisions, but the Government decides the decisions about the distribution of money and major decisions about the economy.

Answer 3

John Maynard Keynes's

Answer 4

capitalism

Answer 5

capitalism