How dose the American economics system work, and how is it basic part of our free society?

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How dose the American economics system work, and how is it basic part of our free society?

2007-03-20 14:41:01 · 2 answers · asked by lena 1 in Social Science ➔ Economics

2 answers

how dose ? is there anybody in the usa with a brain , now that is the question of the day !

2007-03-20 14:46:00 · answer #1 · answered by misterman 2 · 0⤊ 0⤋

Americas economy works on capitalism where corporations compete ferociously which in turn leads to very efficient allocation and use of resources, this is turn benefits the entire society even though capitalism itself is run out of greed. The US government is there to look out for corruption or monopolies.

2007-03-20 14:46:12 · answer #2 · answered by A fan 4 · 0⤊ 0⤋