8
QuizMultiple Choice

Public Policy — Test

Question 8 • Government

What is the economic system in the United States?

Answer
A
traditional economy
B
command economy
C
market economy
D
planned economy

Explanation

The United States has a market economy: individuals and businesses make most decisions about what to produce, how to produce it, and what to buy. Government regulations and programs influence the economy, but it is not centrally planned or controlled by the government.

AI-written and checked against the verified answer.

Previous
Next