The U.S. economic system is based on the idea of a free market (or capitalist) economy, where there is no government regulation of the economy. A free market economy means consumers and businesspeople make choices about what should be manufactured and sold and anyone who has enough money can buy anything they want. However, the U.S. economic system also has aspects of a command economy (which uses government regulation), because the government controls some things (such as requiring cars to have safety features).
A market economy.
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The UK has a limited regulated free market economy, somewhere between the US and continental Europe.
Pounds sterling. Pounds are worth about $2 in American money. and what else??
Many people says its Federal Republic. No that is not right! Its actually Parliamentary Democracy and Unitary!
The United Kingdom has a MIXED ECONOMY that is predominantly capitalist with some aspects of socialist policy.
i believe its a market economy.
Free market economy.
The United Kingdom is a First World country with an industrialized economy. It is the sixth largest economy in the world.
MARKET
The United States says that it runs a free market economy, but if you look at the way it takes action involving businesses, its closest to a socialist economy.
The economy of the United States is a mixed economy.
The kind of economy that Belgium has is a mixed economy. This is a capitalist economy which has involvement of the government.
A free market economy
The United Kingdom is a First World country with an industrialized economy. It is the sixth largest economy in the world.
The United Kingdom is comprised of England, Scotland, Wales and Northern Ireland and each has its own economy.
What kind of festivals do United Kingdom celebrate
Traditional
The United States, United Kingdom, and Canada are among the countries that have a mixed economy. A mixed economy is practiced in Japan and Australia.
MARKET
They all have market economy!:)
MARKET
The United Kingdom's economy has a total gross domestic product of about $2.15 trillion in 2009, making it the world's seventh largest.
a dumb one
The rank of England's economy is the 20th in the world. The economy of United Kingdom is the world's sixth largest in terms of nominal GDP and purchasing power parity.