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The US has a Mixed Economy. This means that the system is a mix of a Free/ Market Economy (no government interference) and a Centrally Planned Economy (controlled by government). In our system, the government, therefore, can affect and regulate the economy, but cannot control it.
Wiki User
∙ 11y ago
paulbenn
The US is capitalist. Goods and revives are produced for sale. Most people have to work for a wage in order to survive. A small minority own the means of production and live nicely by exploiting the workers.
Wiki User
∙ 11y agoThe United States is a Capitalist Democracy.
Xio Gonz
The economic system that the United States has is a mixed economy and we know this because the U.S. has a public input and government input.
Wiki User
∙ 10y agom
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What is the economic system of the US called?
The economic system of the US is called Capitalism.
Was the progressive era was a middle class movement that was designed to change the political system and social economic system of the US?
The progressive era was a combination of middle class , upper middle class and even higher classes that challenged the hierarchies of the rigid political system, bureaucracy in social system with initial monopolistic economic growth prospects.
Is a capitalist economic system compatible with a democratic political system?
A democratic political system is compatible with any economic system that the majority of the voters like. At the present time we have no pure capitalist systems, we have mixed systems, which include some elements of the free market, and some elements of socialism. Even so, the economy of the US is largely capitalist in nature, and the political system is democratic. These may not be perfectly compatible, but they have functioned together for over 200 years.
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?
What has been an important economic cultural and political center of the us?
The megalopolis
What type of system is the US political system?
democratic
What type a system does the US have?
They have a presidential political system and free market economical system.
What is the economic system of the US called?
The economic system of the US is called Capitalism.
What type of government system does US follow?
The United States political system is a Constitutional Federal Democratic Repuplic
Was the progressive era was a middle class movement that was designed to change the political system and social economic system of the US?
The progressive era was a combination of middle class , upper middle class and even higher classes that challenged the hierarchies of the rigid political system, bureaucracy in social system with initial monopolistic economic growth prospects.
Is a capitalist economic system compatible with a democratic political system?
A democratic political system is compatible with any economic system that the majority of the voters like. At the present time we have no pure capitalist systems, we have mixed systems, which include some elements of the free market, and some elements of socialism. Even so, the economy of the US is largely capitalist in nature, and the political system is democratic. These may not be perfectly compatible, but they have functioned together for over 200 years.
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?
What was the twelve year period follow the US Civil War in which the south social economic and political system had to be rebuilt?
The Reconstruction Era : 1865 - 1677 .
What is the type of political system in the US?
We have a Constitutional Democratic Republic
What is US' economic type?
mixed
What has been an important economic cultural and political center of the us?
The megalopolis
What is the the political system of the us?
democratic
