Explain why a market or mixed economy is the best match for the United States.
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OpenStudy (anonymous):
@FilthyMcNasty
OpenStudy (anonymous):
hold on
OpenStudy (anonymous):
k
OpenStudy (anonymous):
The basic idea of the mixed economy is that the means of production are mainly under private ownership; that markets remain the dominant form of economic coordination; and that profit-seeking enterprises and the accumulation of capital remain the fundamental driving force behind economic activity.
OpenStudy (anonymous):
According to wiki.
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OpenStudy (anonymous):
I NEED UR WORDS NOT WIKI ;L
OpenStudy (anonymous):
I think you need your own words
OpenStudy (anonymous):
D=
OpenStudy (anonymous):
lol, basically Goverment has limited control over markets
OpenStudy (anonymous):
No no longer!
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OpenStudy (anonymous):
and..
OpenStudy (anonymous):
3 paragraphs!
OpenStudy (anonymous):
lol jk 2sentences..
OpenStudy (anonymous):
Governments in mixed economies often provide environmental protection, maintenance of employment standards, a standardized welfare system, and maintenance of competition.
OpenStudy (anonymous):
according to wiki
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OpenStudy (anonymous):
:L
OpenStudy (anonymous):
...
OpenStudy (anonymous):
Also because our economic system is capitalism.
OpenStudy (anonymous):
So just put all those together. Government limited control , we have capitalist economic system & that s why it s best match for the U.S