Question

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

Answer 1

Answer: The United States is described as a mixed market economy because there is both government and private interaction in the macroeconomy of the U.S. The Government regulates and promotes certain economic activity and the private sector also actively takes a role in the economy as well.

Answer 2

The United States is described as a mixed market economy because there is both government and private interaction in the macroeconomy of the U.S. The Government regulates and promotes certain economic activity and the private sector also actively takes a role in the economy as well.