Answer:
True
Step-by-step explanation:
Given that Capitalism is a term that is used to describe a form of the socio-economic and political system of a country, in terms of commerce and industry, whereby individuals or the people are the major driver and determinants of their business's profit, instead of being controlled by the state.
Hence, it is TRUE that Capitalism is the economic system of the United States and is also referred to as free enterprise. With capitalism individuals and businesses make decisions