asked 210k views
4 votes
The United States has this type of system
Traditional
Command
Capitalist

2 Answers

3 votes

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.

answered
User Jason Orendorff
by
8.2k points
3 votes

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.

answered
User Rjazhenka
by
8.5k points

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