Because the American economy is based on state capitalism, manufacturers have a totally free hand in producing and distributing whatever goods and services the market will bear.

Question

Quizplus · Accepted Answer

The statement is false. The American economy is based on a mix of capitalism and government intervention, with regulations and policies in place to protect consumers and promote competition. Manufacturers are subject to laws and regulations regarding production, distribution, and safety standards.

Because the American Economy Is Based on State Capitalism, Manufacturers