The United States has a economy? A command pure market C. mixed market central planned

Social Studies · High School · Thu Feb 04 2021

Answered on

Answer: The United States has a mixed market economy. This means that it combines elements of both pure market and command economic systems. In a mixed market economy, most economic decisions are made by private individuals and businesses, but the government also plays a significant role. For example, in the US, the government regulates certain industries, provides social services, and intervenes in the economy to some extent to correct market failures, promote social welfare, and manage economic cycles.

Related Questions