Describe and explain the basic characteristics of the economic system of the United States

1. They Tax people so they can make programs for people like food stamps, social security, prisons and they fund the millitary and become more powerful it's a self producing economic system

2. the monetary systems its where the federal reserve controls inflation/interest rates / money. they print money and invest it in business like banks/stocks/bonds they kind of cheat the system by investing it if they didn't america dollar would lose all of its money