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Emmaagron
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The U.S. currently has elements of socialism, such as Social Security, Medicare, and unemployment. Socialism, as seen through its implementations in various countries, has proved to be impractical as it did not achieve the mass equality it sought to.Key Takeaways. The U.S. has a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces the free market when it comes to capital use, but it also allows for government intervention for the public good.Capitalism is the economic system in the United States. It is a market economy. Capitalism means that people, not the government, own most
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