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 about production, investment, and distribution are driven by the supply and demand for goods and services. The United States primarily operates under this system, where prices are determined by competition in the marketplace, allowing individuals and businesses to make their own economic choices.