2025 civics test · Question 12 of 128 · Principles of American Government

What is the economic system of the United States?

Official answers

• Capitalism
• Free market economy

Why

The U.S. economic system is capitalism, also called a free market economy. Prices are set mostly by buyers and sellers, not by the government. People are free to start a business and make money.

★ This is one of the 20 questions for the 65/20 special consideration.