The economy of the United States is a highly developed mixed economy. It is the world's largest economy by nominal GDP and the second-largest by purchasing power parity (PPP). ... The nation's economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.
GDP per capita rank: 7th (nominal); 11th (PPP)
GDP rank: 1st (nominal); 2nd (PPP)
GDP: $20.66 trillion (Q3 2018)
GDP by sector: Agriculture: 0.9%; Industry: 18....
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The US economy is a Laissez-faire capitalism economy, which means that privately owned businesses and corporations is allowed inside the economy, and it is all regulated minimally by the US government.
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