All the economics of countries like the United States are generally considered capitalist they are not pure market economies 1) True 2) False

Question

Marin Mitchell

Business

27 April, 11:12

All the economics of countries like the United States are generally considered capitalist they are not pure market economies 1) True 2) False

+1

Answers (1)

Know the Answer?

Ivory · Answer 1

True.

A pure market economy requires all property be owned by private individuals and all transactions are free from control or restriction by the government. Since the United States Government does participate in and regulate the economy, the US cannot be "pure market."