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31 December, 13:32

True or false: the economic system in the United States is an example of pure capitalism

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  1. 31 December, 14:43
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    False. America is a mixed economy. Though it has characteristics of a capitalist economy. There are still institutions that regulate the economic activity of producers and businesses. There still rules there that institutions need to follow. This is to prevent abuses from happening in their economic system.
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