What is the Economic System in the United States?

 

The United States is a developed country with a market economy that has the highest nominal GDP and net wealth in the world. It is the second-largest in terms of Purchasing Power Parity (PPP) after China. In 2021, it had the world’s ninth-highest nominal per capita GDP and fifteenth-highest PPP per capita GDP. The United States possesses the world’s most technologically advanced and innovative economy. In this blog, we’ll explore: What is the Economic System in the United States? #TWN

 

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