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Describe one element of the U.S. economy's current configuration (a market-based economy with a modest level of government intervention) that you believe is one of its greatest strengths, and explain why you consider this element to be a strength.

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Tundexi

The U.S. economy flexibility that withstand number of costly setbacks was the element that is one of its greatest strengths.

What is an economy flexibility?

This refers to the economy's ability to efficiently adjust its goals and resources to changing constraints and opportunities via the policies of the stakeholders.

Essentially, the economy flexibility is what aided the stability of the economic system especially in long run.

Hence, i believed that the United States' economy flexibility which withstand number of costly setbacks was the element that is one of its greatest strengths.

Read more about economy flexibility

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