Question 11
Government Basic
What is the economic system in the United States?

Capitalism is the economic system in the United States. It is a market economy. Capitalism means that people, not the government, own most businesses. In the U.S., businesses decide what to sell. They decide how much money to charge for products and services. Then people decide what they want to buy. 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.

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Section "Learn and Explore" uses official instructions and media files of US Citizenship and Immigration Services, US National Museum of American History, The Smithsonian Institution and other governmental and public organization.