American Enterprise Day

What type of economy do we have in the Untied States?

In the Untied States we have a mixed economy.

What is a mixed market economy?

A market economy where there is some government intervention.

What is the law of supply and demand?

In microeconomics, supply and demand is an economic model of price determination in a market.

What is capitalism?

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

What are other forms of economies worldwide?

Command Economic system, the gorvernment controlls the economy.