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The United States Economy

AB
mixed economythe type of economic system the U.S. has
free marketpeople decide the prices of goods without interference from the government
private propertyyou can own personal property and businesses
profitthe money you keep when all expenses are paid
competitionwhen producers and sellers try to win your business
consumer sovreigntywhen buyers decide what will be made
fivemuber of characteristics in U.S. economy
characteristicfeature or description
capitalistanother way of saying free market economy
interferenceobstacles or restrictions
unduenot neccessary; too much



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