Social Studies

list the 6 characteristics of american economy and explain how they help the economy grow

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free market- a large selection of products is available  limited gov. power- gov. can't define what you can or can't buy/ sell  some gov role -make sure products are fresh and no sell/ buy slave/ mistreated animals  competition- keep quality high and prices low  private ownership- you can "own" things, as long as you pay no one can take away from you  free business- any one can be a store owner as long as you pay for good and license, anyone can sell 

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