Card 6 / 100: Is the sketch of a pure market economy a realistic depiction of the United States?
Answer:
Not at all! Historically, the United States was the closest to a large, pure capitalist economy the world has ever known, but the U.S. federal government has grown steadily since its birth. Even though many people consider the United States in the early 21st century to be an illustration of the operation of capitalism, in our terminology it is most definitely a mixed economy.
Previous Card | ← Previous Card Button |
Next Card | → Next Card Button |
Flip Card | Space-Bar |
|