A mixed economy
The US economy is characterized by many freedoms and is often called a mixed economy.
A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.
This would be the Keynesian range. This will only happen if the economy is reaching a type of slack.
market
Capitalism./
The US economy is characterized by many freedoms and is often called a mixed economy.
A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.
The US has an open economy. This type of economy has a capitalist nature.
This would be the Keynesian range. This will only happen if the economy is reaching a type of slack.
market
Capitalism./
The U.S. and Canada have a free market economy.
A free market (capitalistic) economy.
The economy of the Middle Colonies was not characterized by plantation agriculture. The Southern Colonies had an economy based on plantation agriculture.
free enterprise system
free enterprise system
I think it's called a free market economy, but I am not 100% positive on that.