Question 20 2 pts The American economic system is best described as because the government regulates business to preserve competition and protect consumers and employees. O mixed economy laissez-faire capitalism communism Marxism o socialism Question 21 2 pts Which of the following is a key step in evaluating ethical decisions in business? O learning how to recognize and resolve ethical issues. o identifying that ethics is not culture-specific understanding that business ethics does not go beyond legal issues. O recognizing that social responsibility and ethics are inversely related to each other. O assuming that ethical issues do not include all areas of organizational activities