Answer: On a grassy knoll in Newburgh, New York, Washington gave one of the most important speeches in his military career.
Explanation:
The correct answer is mixed market economy.
A market economy is one in which the economy is completely dictated by the consumers and producers. In this type of economy, the government does not play any type of role.
America does not have a pure market economy, as there is government regulation in our economy. For example, the federal government uses agencies like the Securities and Exchange Commission in order to monitor the stock market. Another example would be the Federal Deposit Insurance Corporation. The FDIC regulates financial institutions, like banks.
This is why the US is considered a mixed market economy, because it has elements of a command economy but primarily consists of ideas from the market economy structure.
Because china needs a beating
Answer:
This economic system resulted in a favorable balance of trade for England, with greater exports than imports.
Explanation:
The goal of the economic philosophy and system of mercantlism was to generate a positive balance of trade for the mother country, at the expense of the colonies.
In the case of England, the idea was to enrich England at the expense of colonies such as the North American colonies.
The system was succesful in this particular economic area, but it did not necessarily benefit the majority of people in both England and the colonies.
No government help, higher military pay, and lower taxes.
