The United States is a fairly good example of
A)a mixed economy.
B)a pure market system.
C)a government-dominated economy.
D)a manufacturing economy.
E)a transitioning economy.

Question

Quizplus · Accepted Answer

The United States has a mixed economy, which means it combines elements of a free market system with government regulation and intervention. The market sets prices and determines what goods and services are produced, but the government also plays a role in regulating industries, enacting policies to address issues such as income inequality and consumer protection, and providing public services such as education and healthcare. This combination of market and government influence makes the United States a good example of a mixed economy.

The United States Is a Fairly Good Example of