Which of the following best characterizes the US economic system today? A. laissez-faire B. mixed economy C. planned economy D. capitalist system D. socialist system

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22-03-2015
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Which of the following best characterizes the US economic system today? A. laissez-faire B. mixed economy C. planned economy D. capitalist system D. socialist system

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Secret13idn Secret13idn · Answer 1 · 2015-03-22T13:34:05-04:00

Secret13idn Secret13idn

22-03-2015

Mixed economy best characterizes the US economic system today.

A mixed economy is a mixture of markets and economic plannings which exactly what is today :)

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Baraqidn Baraqidn · Answer 2 · 2021-10-21T06:03:59-04:00

The statement that best characterizes the US economic system today is "mixed economy."

A mixed economy is characterized by economic decisions where demands and supplies define the price of products and services. At the same time, the government is also involved in the market decision or resources funding.

The US economic systems are mostly characterized by capitalism and socialism, whereby buyers and sellers define the markets, but the government also regulates the market flows with policies and regulations.

Hence, in this case, it is concluded that the correct answer is option B. "Mixed economy."

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