156k views
1 vote
How does the u.s. economy differ from pure capitalism

1 Answer

4 votes

Almost 20% of the United States GDP is actually made up of Government Spending.

Contrary to popular belief the United States is NOT an example of a pure capitalist state.


The government intervenes quite often to provide schools, food banks, hospitals, universities, roads and even bails out banks and large corporations. The government even has anti-competition and anti-monopoly laws.


A pure capitalist state would mean even lower intervention by the Government and a free hand of Demand and Supply.

User Kuboon
by
4.9k points