15
QuizMultiple Choice

Economic Systems

Question 15 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

The citizens of the United States live and work in a

Answer
A
closed economy.
B
command economy.
C
mixed market economy.
D
pure market economy.

Explanation

The United States is a mixed market economy: individuals and businesses make many decisions about what to produce, buy, and sell, while the government also regulates economic activity and provides services. A pure market economy would have little to no government involvement, so “mixed market economy” is the best choice.

AI-written and checked against the verified answer.

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