logo image Write My Paper

Why do economists describe the US economy as a mixed-market economy?

Answered by Catherine Caldwell

Market economy implies free entrepreneurship, a critical role of the market in the regulation of economic relations, and minimal state interference in business activity. Private property has a significant impact on factors of production in the USA. However, the role of the state remains substantial in the economic life of the country; therefore, the economy can be considered as mixed-market.

Read also which investment type typically carries the least risk

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy close