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

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15-12-2021
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Why do economists describe the US economy as a mixed-market economy?

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jakkky jakkky · Answer 1 · 2021-12-15T16:05:55+01:00

jakkky jakkky

15-12-2021

Answer: The US is described as a mixed market economy because both the government and the private sector take a role in economic planning. The government doesn't completely control the economy thus it is shared with the private sector and called a mixed market economy.

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