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Alexis Matthews English 1 page

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The United States has a mixed economy. It works as indicated by an economic system that highlights qualities of both capitalism and communism. A mixed economy framework secures private property and permits a level of financial opportunity in the utilization of capital, yet also, takes into consideration governments to intervene in activities with the end goal to accomplish social aus=ns and for the general public goods.

In a healthy economy, nearly all businesses enjoy greater prosperity. Disposable income is high, unemployment is low, and consumer confidence prompts people to pump their money back into the economy through the purchase of essential and non-essential goods and services. A strong economy is good for business, but the downside is that if the economy starts to falter, many small businesses failing and it would lead to people being without jobs. A slow profit stream can make it difficult for a small company to repay creditors, which can negatively impact its long-term viability. A small business can make faster decisions to change course, increase or decrease workforce or product offerings or significantly change the company image to adapt to a changing economy.

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Note on Untitled, created by Alexis Matthews on 13/11/2018.
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