2. growth of industrialization this led to people moving to cities, where the factories were growing. It also led to more people being successful, therefore boosting them into the middle class. Finally, the technology bettered in this time allowed for more agricultural production :)
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.
During the late 1800s, the Chinese immigration rate decreased as a result of US government legislation.
