THE COLD WAR 1950 1973
JOHN F KENNEDY AND THE COLD WAR
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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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Marxist
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Fuedalist
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Detailed explanation-1: -This is called a market economy. The economy is controlled by individual people, not by the government. The United States is a capitalist, market economy.
Detailed explanation-2: -The United States is often seen as having a democratic capitalist political-economic system. Democratic capitalism, also known as capitalist democracy, is a political, economic, and social system and ideology based on a tripartite arrangement of a market-based economy that is based predominantly on a democratic polity.
Detailed explanation-3: -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-4: -Is America capitalist? Yes, but not completely. The United States is actually referred to as a mixed market economy, meaning that it blends characteristics of both capitalism and socialism. In the United States, the means of production (such as manufacturers or importers) are privately owned and operated for profit.
Detailed explanation-5: -These include laissez-faire or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism.