The American economy is one of the largest and most influential in the world. It is a mixed economy, meaning it combines elements of both capitalism and government regulation. This system allows for private businesses to operate freely while the government also plays a role in regulating industries and providing public services.
Key sectors of the American economy include technology, finance, and manufacturing. Major companies like Apple and Amazon drive innovation and create jobs. The economy is also supported by a strong consumer market, where people spend money on goods and services, helping businesses grow and thrive.