Americas economic system Crossword Clue

The solution for the clue "Americas economic system" from Newsday.com crossword puzzle is mentioned here below. .

Understanding Today's Crossword Puzzle

The clue for today's crossword puzzle is "America's economic system" and the answer is "CAPITALISM". This answer best fits the clue because:

• 1. Economic System: The term "economic system" refers to the way a society organizes the production, distribution, and consumption of goods and services. "CAPITALISM" is one such economic system.
• 2. America's Economic System: The clue specifies that the economic system being referred to is specifically related to America. "CAPITALISM" is generally associated with the United States, as it is a capitalist country where private individuals and businesses play a significant role in economic activities.
• 3. Private Ownership and Free Market: Capitalism is characterized by private ownership of resources and the means of production. In a capitalist system, individuals and private entities can own and control businesses, which operate in a competitive market. This aligns with the idea of an economic system that emphasizes private enterprise, competition, and free market dynamics.
• 4. Profit Motive: Another defining feature of capitalism is the pursuit of profit. In a capitalist system, businesses strive to generate profits and accumulate wealth. This focus on profit-making has been a fundamental aspect of the American economic system, making "CAPITALISM" an appropriate answer.
• 5. Historical and Cultural Context: Throughout its history, the United States has been known for its embrace of capitalism and its capitalist economy. The answer "CAPITALISM" reflects this historical and cultural context by associating America with the economic system it has thrived under.

In conclusion, the clue "America's economic system" is best answered by "CAPITALISM" because it aligns with the concept of an economic system characterized by private ownership, a free market, profit motive, and the historical and cultural context of the United States.

Definition of "CAPITALISM"

an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state

Example :

an era of free-market capitalism

private ownership is a key feature of capitalism

 The Crossword clue "Americas economic system" published 1 time/s & has 1 answer/s. 

Crossword	Date	Answer
Newsday.com	22 January 2018	CAPITALISM