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At the beginning of lecture, Dr.McCarty says that the US economy is built to serve:________.
a. The service industry
b. People who own things
c. The lower class
d. The industrial sector

Sagot :

Anthougoidn

Answer:

At the beginning of lecture, Dr.McCarty says that the US economy is built to serve:________.

b. People who own things

Explanation:

The U.S. economy, which is a mixed economy, exhibits both capitalism and socialism characteristics.  While it allows economic freedom to people who own things (capitalists), occasionally, the government intervenes to achieve public good by imposing some restrictions and licensing.  The government is also involved in some economic development, especially as it relates to education, roads, and healthcare.  As a mixed economy, the government uses monetary and fiscal policies to rein in some of the excesses of capitalism.

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