Question

The United States began as more of a 
1:market economy but grew more mixed as government added laws and regulations
2:traditional economy but became a command economy as the government grew
3:mixed economy but became a market economy by reducing government laws
4:command economy but grew more mixed as government ended practices

Answer 1

The United States began more of a 1. market economy but grew more mixed as government added laws and regulations. In a market economy, a free market of voluntary trade is the first way men exchanged goods and protected their private property. In a mixed economy private property is protected, but ot also allows governments to intervene in economic activities for the public good.

Answer 2

The United States began as more of an option A: market economy but grew more mixed as the government added laws and regulations. In a market economy, the production of goods and prices are determined by the competition in the market.

Market economy

The above answer is explained in further detail as given below:

The market economy is one of the economic systems in which market decisions are created by the forces of demand and supply.

The United States also started as a market economy, and it then became a more mixed form of government with the addition of new laws and regulations.

Therefore, the correct answer is option A.

Learn more about the market economy here:

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