Answer:
In the U.S. economic system, consumers, producers and the government make decisions on a daily basis, mainly through the price system. ... In this system, when economic forces are unfettered, supply and demand establish the prices of goods and services. Entrepreneurs are free to develop their businesses.
Explanation:
Answer: The answer is true. However this may be wrong depending on the question, as this question is not complete. So, what is the full question?
Answer:
President Hoover deeply held philosophy of American individualism, which he maintained despite extraordinary economic circumstances .