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30 July, 08:45

The United States has this type of system

Traditional

Command

Capitalist

+3
Answers (2)
  1. 30 July, 09:54
    0
    Capitalist

    A capitalist system relies on private ownership for production and profit. A traditional system follows historical beliefs and traditions, usually barters instead of money and the command system allows for the government to determine what to make, how much to make, and how much to charge.
  2. 30 July, 10:52
    0
    The United States is a regulated capitalist system.

    The private market is alive and well, perhaps too alive and well, and the rules of supply and demand and neo-classical economics are alive and well.
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