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strojnjashka [21]
3 years ago
6

Why is the U.S. economy called a mixed market economy?

History
2 answers:
zlopas [31]3 years ago
7 0

Answer:

A Mixed Economy: The Role of the Market. The United States is said to have a mixed economy because privately owned businesses and government both play important roles. Indeed, some of the most enduring debates of American economic history focus on the relative roles of the public and private sectors.

Explanation:

DiKsa [7]3 years ago
4 0

Answer:  A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. As such, there is no single definition of a mixed economy. One definition is about a mixture of markets with state interventionism, referring specifically to capitalist market economies with strong regulatory oversight and extensive interventions into markets. The other definition is apolitical in nature, strictly referring to an economy containing a mixture of private enterprise with public enterprise  

Explanation:

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In 1895 the Cuban patriot and revolutionary, José Martí, resumed the Cuban struggle for freedom that had failed during the Ten Years' War (1868-1878). Cuban juntas provided leadership and funds for the military operations conducted in Cuba. Spain possessed superior numbers of troops, forcing the Cuban generals Máximo Gómez and Antonio Maceo, to wage guerrilla warfare in the hope of exhausting the enemy. Operations began in southeastern Cuba but soon spread westward. The Spanish Conservative Party, led by Antonio Cánovas y Castillo, vowed to suppress the insurrectos, but failed to do so.

The Cuban cause gained increasing support in the United States, leading President Grover Cleveland to press for a settlement, but instead Spain sent General Valeriano Weyler to pacify Cuba. His stern methods, including reconcentration of the civilian population to deny the guerrillas support in the countryside, strengthened U.S. sympathy for the Cubans. President William McKinley then increased pressure on Spain to end the affair, dispatching a new minister to Spain for this purpose. At this juncture an anarchist assassinated Cánovas, and his successor, the leader of the Liberal Party Práxedes Mateo Sagasta, decided to make a grant of autonomy to Cuba and Puerto Rico. The Cuban leadership resisted this measure, convinced that continued armed resistance would lead to independence.

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