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oksian1 [2.3K]
4 years ago
14

Which features of the United States economy make it a mixed economy?

History
1 answer:
aleksandrvk [35]4 years ago
6 0

Answer:

Laws are passed to ensure competition in markets

One way we do this is by enforcing the antitrust laws. Competition is the fuel that drives America's free-market system. Enforcing antitrust rules also allows businesses to compete on the merits, powers economic growth, and eliminates impediments to economic opportunity

Prices are set by powerful planning agencies.

Price ceilings prevent a price from rising above a certain level.

Price floors are used by the government to prevent prices (and wages) from being too low.

The government provides some goods and services.

A streetlight is an example of a public good.

Courts, electricity and education are examples of public services.

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