Question

78 what is the economic system in the united states? a barter or trade economy b socialist or mutual economy c capitalist or market economy d communist or collective economy

Explanation:

The United States has a capitalist or market - based economic system. In a capitalist economy, private ownership of resources and businesses is prominent, and market forces (supply and demand) play a major role in determining prices, production, and distribution. A barter economy is a very primitive form of exchange without a medium of exchange like money and is not what the US has. A socialist economy emphasizes public ownership and planning, which is not the case for the US. A communist economy is based on collective ownership of all resources and is also not the economic system of the US.

Answer:

C. Capitalist or market economy