In American political culture, economic freedom means:

A. capitalism
B. low inflation
C. job security
D. a government-controlled stock market
E. the absence of income taxes

Question

21-07-2024
Social Studies

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In American political culture, economic freedom means:

A. capitalism
B. low inflation
C. job security
D. a government-controlled stock market
E. the absence of income taxes

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-21T15:46:00-04:00

Final answer:

Economic freedom in America is synonymous with capitalism, emphasizing individual ownership, market competition, and minimal government intervention.

Explanation:

Economic freedom in American political culture primarily means capitalism. In a capitalist system, individuals own the factors of production and make decisions in their best interest with limited government interference. This system promotes individual enterprise, a free market, and low taxation while discouraging extensive government regulation.

Learn more about Capitalism and Economic Freedom here:

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Sagot :

Final answer:

Explanation:

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