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Economies have several types of businesses, such as agricultural, manufacturing and service. Agricultural and manufacturing businesses are self-explanatory. Service business are ones that provided services like telephone, sales, medical and the like to the economy. A country's economy is called a service economy if its businesses are predominantly service oriented as opposed to agricultural or manufacturing oriented. The US has more businesses that provide services to the public than farming or manufacturing businesses, therefore it is a service economy.
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Which type economy does the US have?
The US has an open economy. This type of economy has a capitalist nature.
What is the US Fish and Wildlife Department?
There is no "US Fish and Wildlife Department." I must assume that you mean the US Fish and Wildlife Service, which is part of the US Department of the Interior.
What was the effect of civil war on US economy?
The effects are it declined the economy miserably and sent them into the Great Depression
What describes the part of the US' role in the global economy?
The US is interconnected with other parts of the world. Therefore, when our economy is doing poorly it reflects on the economies of other countries as well.
What year did the US government increase its regulation of the economy?
the early twentieth century
