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1. (1) State the definitions of the three types of economies, e.g. centrally planned economy, market economy, and mixed economy, and (2) explain which of

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1. (1) State the definitions of the three types of economies, e.g. centrally planned economy, market economy, and mixed economy, and (2) explain which of these best describes the United States today. And (3) give one simple example supporting your reasoning of why the United States is based on that type of economy (except the examples in the lecture). You do not need to paste the url

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