The BEST description of the economic system of the United States is D. free-market capitalism.
What is free-market capitalism?
Free-market capitalism is known for the following features:
- Private individuals control the factors of production.
- It is a purely capitalist economic system.
- The laws of supply and demand regulate production, labor, and the marketplace.
- An unregulated system of economic exchange reigns.
- Non-existence of or minimal presence of centralized economic interventions.
The best description of the economy of the United States is not:
- Marxism
- Command
- Socialism
- Closed economic system.
But the BEST description of the economic system of the United States is D. free-market capitalism.
Learn more about free-market capitalism at https://brainly.com/question/3369578 and https://brainly.com/question/600577
