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With “centrally planned” on the left and “free market” on the right, which of the following countries’ economic systems would be farthest to the right on the continuum of mixed economies?

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Among the given countries, the United States is likely to be farthest to the right on the continuum of mixed economies, reflecting a stronger orientation towards free-market principles.

In the continuum of mixed economies, the position farthest to the right, leaning towards a free-market system, signifies a higher degree of economic liberalization and reliance on market forces. Among the given countries, the United States would likely be the one farthest to the right on this continuum.

The United States has historically embraced a predominantly free-market economic system, emphasizing private enterprise, market competition, and minimal government intervention. While it incorporates elements of government regulation and social programs, the overall structure leans significantly towards a market-driven approach. The U.S. economy operates on principles of supply and demand, private ownership, and individual entrepreneurship, which align with characteristics of a free-market system.

Contrastingly, countries with more centrally planned economies, where the government exerts significant control over economic activities, would be positioned farther to the left on the continuum. These countries might include those that historically practiced extensive central planning, such as the former Soviet Union or North Korea.

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