How us capitalistic system influences world economy

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Capitalistic vs Socialistic Structure: benefits to US business and citizens; also, how US capitalistic system influences world economy

The U.S. is a capitalistic society. What are the advantages that businesses and individuals have in this economic structure versus in a socialistic structure? Provide one example of how the U.S. capitalistic economy has influenced the world economy. How has this affected the American business and the American citizen?

Reference no: EM1365919

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