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24 April, 08:49

How does the u. s. economy differ from pure capitalism

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  1. 24 April, 10:55
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    Almost 20% of the United States GDP is actually made up of Government Spending.

    Contrary to popular belief the United States is NOT an example of a pure capitalist state.

    The government intervenes quite often to provide schools, food banks, hospitals, universities, roads and even bails out banks and large corporations. The government even has anti-competition and anti-monopoly laws.

    A pure capitalist state would mean even lower intervention by the Government and a free hand of Demand and Supply.
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