A Mixed Economy - Private vs. Public Ownership
The American free enterprise system emphasizes private ownership. Private businesses produce most goods and services, and almost two-thirds of the nation's total economic output goes to individuals for personal use (the remaining one-third is bought by government and business). The consumer role is so great, in fact, that the nation is sometimes characterized as having a "consumer economy."for further article just open this article economics.about.comeconomics.about.com/od/howtheuseconomyworks/a/mixed_economy.htm
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