What is the economic system in the United States? A. Traditional economy
B. Command economy
C. Planned economy
D. Market economy
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What is the economic system in the United States? A. Traditional economy
B. Command economy
C. Planned economy
D. Market economy
The correct answer is:
D. Market economy
The United States has a market economy, which means that economic decisions and the pricing of goods and services are guided by the interactions of citizens and businesses in the marketplace. It is characterized by private property, voluntary exchange, and minimal government intervention in economic activities.