H​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​ow would you describe the American economic system to someone who does not know anything about it, including its positive and negative aspects?

H​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​ow would you describe the American economic system to someone who does not know anything about it, including its positive and negative aspects?This prompt is to get you to think about your own economic ​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​literacy, along with the degree to which you see economics influencing social, political, and moral issues, and then the degree to which the idea of scarce resources reinforces American “divides.&quot​‌‍‍‍‌‍‌‍‍‍‌‌‌‍‌‌‌‌‌‌​;