Which of the following statements best describes the relationship today between government and the economy in the United States?Multiple ChoiceThe government has an important role in regulating and maintaining the U.S. economy.The government owns most of the means of production in the United States.The government is the driving force in the U.S. economy; business has a secondary role.The government subsidizes economic interests but otherwise leaves them to operate as they please.The economy is largely self-regulating.

Which type of economy has a government that plays a role in a few sectors but basically lets society take the economic lead?Group of answer choicesTraditional EconomyMixed EconomyCommand EconomyMarket EconomyNext

Which of these statements do you agree with the most? (select one)All economic activity (trade and production of goods, services, and labor) should be directly controlled by the government.Parts of the economy should be entirely controlled by the government (such as energy, manufacturing, or transportation) in addition to widespread regulationGovernment should encourage the growth of specific industries that it deems important to the national economy, in addition to widespread regulationMost economic activity should remain unregulated, but the government should still step in to prevent monopolies and protect labor.All market activity should be free and unregulated, and borders should be open for the trade of goods, services, and labor.

The government has the most influence over the production of goods and services in which economic system?A.Mixed economyB.Traditional economyC.Market economyD.Command economy

Which statement most accurately describes the relationship between state governments and the federal government?A.The supremacy clause of the Constitution ensures that the federal government can remove any state's reserved powers when necessary.B.While the federal government is in charge of some services, the state governments have many powers related to day-to-day life in the states.C.As part of cooperative federalism, the states and the federal government share responsibility for services related to national citizenship.D.State constitutions ensure that states are as powerful as the federal government.

The American economy is a(n) ________ economy, or an economy in which economic activities occur between the country and the international community.Multiple Choiceopenstandardrelativeindustrial