asked 79.4k views
0 votes
This country's businesses are largely

privately owned and independent. There are increasing
amounts of government involvement in the financial sectors.

asked
User KRR
by
8.2k points

1 Answer

3 votes

Answer:

privately owned and independent.

Step-by-step explanation:

United States economy was run under the free market system. Meaning that the majority of the industries are controlled by the private sectors. In this system, the government only act as a regulatory medium to ensure that all private sectors compete fairly.

Out of the 27 million businesses organizations in United States, only 1% of them are listed in the stock exchange. 99 % of these businesses are privately owned.

answered
User Gabrielhpugliese
by
7.9k points
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