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.
In a market economy, decisions regarding investment, production, and distribution are guided by the interactions of citizens and businesses in the marketplace. The United States operates primarily under this system, where supply and demand determine prices and the allocation of resources, allowing for competition and consumer choice.