USA CITIZENSHIP TEST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Capitalist
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Socialist
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Communist
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Mercantilist
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Detailed explanation-1: -Capitalism is the economic system in the United States. It is a market economy. Capitalism means that people, not the government, own most businesses. In the U.S., businesses decide what to sell.
Detailed explanation-2: -There are many different types of economic systems used throughout the world. Some examples are socialism, communism, and capitalism. The United States has a capitalistic system.
Detailed explanation-3: -Wall Street and the stock market embody capitalism. Large, publicly-traded companies sell stock to raise capital, which is bought-and-sold by investors via a system in which prices are directly impacted by supply and demand. Everyone can participate, from individual investors to major financial investment firms.