Answered

Which of the following best describes the United States?
O It has a market economy with no government regulation. This is the only system that can work with a government run by the people.
O It has a command economy. A large nation like the United States needs the government to control all growth of business to prevent
problems.
O It has a traditional economy. Most communities are focused on providing their own needs with the resources available in the local
area.
O It has a mixed economy. The government protects individual rights, such as minimum pay for work and choices in goods and
services.



Answer :

GinnyAnswer
The best description of the United States is: - It has a mixed economy. This means that the U.S. economy combines elements of both a market economy (where individuals and businesses make most decisions) and a command economy (where the government plays a significant role in the economy). - In a mixed economy like the United States, the government protects individual rights by enacting laws and regulations to ensure fair competition, worker safety, consumer protection, and more. - For example, in the United States, the government establishes a minimum wage to protect workers and regulates industries to prevent monopolies that could harm consumers. - Overall, the United States' mixed economy allows for a balance between individual freedom and government intervention to promote economic growth and protect its citizens.