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The United States has a capitalist economy. Capitalism is an economic system in which businessmen privately own the means of production, which is referred to as capital. Free market competition dictates prices and produc... More »

www.reference.com World View Social Sciences Economics

The Bank of North America, the nation?????????s first central bank, opened in Philadelphia on Jan. 7, 1782. Robert Morris presented the plan for the bank to the Continental Congress on May 17, 1781. The Continental Congr... More »

www.reference.com Business & Finance Corporations

Some cars that are made in the United States include the Chevy Corvette, Acura MDX, Toyota Highlander and the Honda Odyssey. Manufacturers build these and other cars in plants all over the country. More »

www.reference.com Vehicles Buying & Selling
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The United States has a market-oriented, or mixed, economy, which means that businesses and private individuals make most of their own decisions. The state and federal government buy needed services and goods in the priv... More »

www.reference.com World View Social Sciences Economics

Market economy, planned economy and mixed economy are the three major types of economic systems that prevail across the world, states Economy Watch. Each economic system offers a different view on the role of government ... More »

www.reference.com World View Social Sciences Economics

According to About.com, the quantity theory of money states that the supply of money in an economy determines the level of prices, and changes in the money supply result in proportional price changes. Therefore, a given ... More »

www.reference.com World View Social Sciences Economics

An agrarian economy is a type of economy that relies primarily on agricultural industry including livestock farming or crop production. It is a form of economy whose major factor of production is the agricultural land. P... More »

www.reference.com World View Social Sciences Economics