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According to Wikipedia, the United States of America has a mixed economy, which consists on the following description from Wikipedia: Mixed economy is an economic system in w â¦ hich both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.
What Is Free Enterprise Economy? The United States works on a free enterprise economy or system, which allows any individual or group of people to start and operate a business with minimal government regulation or interference, according to the Federal Reserve Bank of Dallas.