Question

Which features of the United States economy make it a mixed economy?



Choose exactly three answers that are correct.


Laws are passed to ensure competition in markets.


Government agencies regulate private businesses.


Prices are set by powerful planning agencies.


The government provides some goods and services.

Answer 1

Answer:

Laws are passed to ensure competition in markets

One way we do this is by enforcing the antitrust laws. Competition is the fuel that drives America's free-market system. Enforcing antitrust rules also allows businesses to compete on the merits, powers economic growth, and eliminates impediments to economic opportunity

Prices are set by powerful planning agencies.

Price ceilings prevent a price from rising above a certain level.

Price floors are used by the government to prevent prices (and wages) from being too low.

The government provides some goods and services.

A streetlight is an example of a public good.

Courts, electricity and education are examples of public services.

Answer 2

The features of the US economy which made it a mixed economy are:

Features of the US economy

Laws are passed to ensure competition in markets

One way we do this is by enforcing the antitrust laws. Competition is the fuel that drives America's free-market system. Enforcing antitrust rules also allows businesses to compete on their merits, powers economic growth, and eliminates impediments to economic opportunity.

Prices are set by powerful planning agencies.

Price ceilings prevent a price from rising above a certain level.

Price floors are used by the government to prevent prices (and wages) from being too low.

The government provides some goods and services.

A streetlight is an example of a public good.

Courts, electricity, and education are examples of public services.

Learn more about a mixed economy here https://brainly.com/question/13467040

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