Question

Explain in three or more complete sentences why the United States is considered a "Mixed Economy".

Answer 1

Answer: Read the bottom

Step-by-step explanation:

For example, the United States is a mixed economy, as it leaves ownership of the means of production in mostly private hands but incorporates elements such as subsidies for agriculture, regulation on manufacturing, and partial or full public ownership of some industries like letter delivery and national defense.

Answer 2

Answer: The Answer is in the explanation

Step-by-step explanation:

The United States is considered a mixed economy because it is a combination of both capitalism and socialism. The government controls some aspects of the economy, but businesses are also allowed to operate with some degree of freedom. This system allows for both public and private ownership of resources and businesses, providing a balance between individual freedom and social support.