Question

Question 10 (5 points)

Answer 1

Answer:

mixed economy

Explanation:

The United states economy is a mixed economy. A mixed economy is an economy that combines socialism and capitalism. In this sense, there are characteristics of capitalism as well as socialism in the United States economy in that as much as the system allows individuals economic freedom in use of capital, there is also the action of government in controlling certain parts of the economy for the public good. The US tilted towards total capitalism at a certain point in history however