The nation's founders believed that containing the government's power and protecting liberty was their most important task, and declared a new purpose for government: the protection of individual rights.
Answer:
In 1935 cotton had just began revolving into the american and british clothing workshops. In 1945 they began tailoring suits for those with the most amount of money. This would then be shipped worldwide for a hefty price that brought in around 14,000 dollars a year which in these days is around 14 million dollars. Then when the first black president was elected the amount of fairtrade cotton stayed the same but withought having slavery as a way of working to make these suits.
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.
