Often, the United States economy is called a market economy; however, it is really a mixed economy.
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Question:
Often, the United States economy is called a market economy; however, it is really a mixed economy. Provide real life examples of the characteristics of a mixed economy to show why the U.S. economy is a mixed, not a market, economy.
Expert Answer:
Indeed the United States economy is often referred to as a market economy due to its emphasis on private ownership free enterprise and marketdriven al... View the full answer
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