Question

write 1 paragraph about the function of the economics affairs in the U.S and why its important?

Answer 1

ANSWER :

he United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to intervene in economic activities in order to achieve social aims and for the public good.

The Bottom Line

The list of laws, regulations and other impediments to completely voluntary transactions in the economy is cataloged in the Federal Register of the United States. The public sector has, in fact, had an enormous impact on the American economy.

It works according to an economic system that features characteristics of both capitalism and socialism. ... The government of the U.S. has always played some role in the economic affairs of the nation. Over the course of its history, many services began to come under the influence or direct control of the public sector.

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