What type of economy is the U.S. economy?

Question

Quizplus · Accepted Answer

The U.S. economy is a regulated capitalist economy with some government intervention in the economy through policies such as taxes, regulations, and safety nets, but still primarily driven by market forces and private enterprise. While some may argue that the U.S. economy has elements of other economic systems, such as limited socialism or mercantilism, the overall structure and characteristics align most closely with regulated capitalism.

What Type of Economy Is the U.S. Economy