Final answer:
The United States has a mixed market economy where private individuals and businesses make most of the economic decisions, but the government also regulates and intervenes to ensure fairness and protect the public interest.
Step-by-step explanation:
The economic system in the United States is a mixed market economy.
In this type of economic system, the government allows private individuals and businesses to own resources and make decisions, while also having some level of regulation and intervention to ensure fair competition and protect the public interest.
For example, the United States has laws to prevent monopolies and unfair business practices, and the government provides certain services like education and healthcare.
Learn more about Economic system in the United States