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The U.S. economy may most accurately be characterized as

The U.S. economy may most accurately be characterized as

1.a pure market system.

2.a mixed system dominated by market features.

3.a mixed system dominated by command features.

4.a mixed system dominated by traditional features.

Answer

2.a mixed system dominated by market features.

It is mixed economy with the market where producers and consumers come together in the exchange of goods and service being the dominant

Explanation

Generally, the United States’ economic system is often characterized as a ‘market system’ basically because it is dominated by market features and the market is where the consumers and the producers come together in the exchange of goods and services. Additionally, in the U.S market, private businesses need to register with government agencies and there are so many professional that cannot operate without the government licences


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