2008 civics test · Question 11 of 100 · Principles of American Government★ 65/20 question
What is the economic system in the United States?
In Chinese 美国的经济制度是什么？
Official answers
- capitalist economy资本主义经济
- market economy市场经济
Any one of these answers is accepted unless the question asks for more than one.
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Why this is the answer
The United States has a capitalist economy, also called a market economy. This means most businesses are privately owned, and prices and production are mainly decided by buyers and sellers in the market rather than by the government. Either term is an acceptable answer.
Source: USCIS 100 Civics Questions (PDF)