Which type of economic system does the United States draw many of its economic principles from? A. Traditional
B. Command
C. Market
D. Mixed
Which type of economic system does the United States draw many of its economic principles from?
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Which type of economic system does the United States draw many of its economic principles from? A. Traditional
B. Command
C. Market
D. Mixed
The correct answer is D. Mixed.
The United States operates under a mixed economic system, which combines elements of both market and command economies. This means that while most economic decisions are driven by the market through supply and demand, the government also plays a role in regulating and managing certain sectors of the economy to ensure fairness and stability.