In a pure market economy, all resources are owned by individuals and private companies. In the U.S., this is largely true. For example, Apple Inc. is a privately owned company that produces and sells electronic devices. In a command economy, the government controls and regulates all economic activities. While the U.S. is not a command economy, the government does intervene in economic activities. For instance, the government regulates industries to prevent monopolies and protect consumers. The Federal Trade Commission (FTC) is an example of a government agency that regulates business practices and maintains competition.Another characteristic of a mixed economy is the provision of public goods and services for the welfare of its citizens. In the U.S., the government provides public education, healthcare programs like Medicaid and Medicare, and public transportation, which are not typically found in a pure market economy. While the U.S. allows economic freedom, there are limits to ensure fairness and protect the public. For example, businesses must comply with labor laws, such as minimum wage regulations and safe working conditions." written differently