Question

Question 7(Multiple Choice Worth 3 points)

The United States began as more of a
market economy but grew more mixed as government added laws and regulations
traditional economy but became a command economy as the government grew
mixed economy but became a market economy by reducing government laws
command economy but grew more mixed as government ended practices

Answer 1

Answer: A: market economy but grew more mixed as government added laws and regulations.

Step-by-step explanation:

Answer 2

The United States began as more of an option A: market economy but grew more mixed as the government added laws and regulations. In a market economy, the production of goods and prices are determined by the competition in the market.

Market economy

The above answer is explained in further detail as given below:

The market economy is one of the economic systems in which market decisions are created by the forces of demand and supply.

The United States also started as a market economy, and it then became a more mixed form of government with the addition of new laws and regulations.

Therefore, the correct answer is option A.