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According to Wikipedia, the United States of America has a mixed economy, which consists on the following description from Wikipedia: Mixed economy is an economic system in w â¦ hich both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.
The worldâs economic systems fall into one of four main categories: traditional economy, market economy, command economy and mixed economy; however, there are unlimited variations of each type.An economic system must define what to produce, how to produce it and for whom to produced it. mixed economy combines qualities of market and command systems into one. In many countries where neither the government nor the business entities can maintain the economy alone, both sectors are integral to economic success. Certain resources are allocated through the market and others through the state.