Question

the united states economy is a mixed economy?

A. Based on the principle the traditional economy, but allowing some government intervention.

B. Based on the principles of the centrally planned economy, but limiting government Intervention.

C. based on the principles of the free market, allowing no government Intervention.

D. Based on the principles of the free market, but allowing some government intervention.​

Answer 1

Answer:

Based on the principles of the free market, but allowing some government intervention

Explanation:

Based on the principles of the free market, but allowing some government intervention

Answer 2

Option A is the correct answer. The United States economy is based on the principles of traditional economy, but allows for some government intervention.

What is a Mixed Economy?

• In order to understand what a Mixed Economy is, it is important to understand what Capitalist Economy and Socialist Economy mean.

1. Capitalist Economy: It refers to an economy that is purely guided by the forces of the market, a principle known as "Laissez Faire".
2. Socialist Economy: It refers to economy completely controlled by the government without the input of individual will or actions.

• A Mixed Economy is a hybrid between the Capitalist and the Socialist principles of an economy.
• The United States is primarily based on the market forces but, it allows for some government control in certain aspects of the country's economy.

Therefore, it is clear that Option A is the correct answer.

Learn more about Mixed Economy here:

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