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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.
The economy of the United States is the largest in the world. At $18 trillion, it represents a quarter share of the global economy (24.3%), according to the latest World Bank figures. China follows, with $11 trillion, or 14.8% of the world economy.