The United States market

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The United States market

The trading in the United States is more of a free market. The government does not concentrate on the usage of resources or the setting of prices. The market is run by supply and demand forces. The United States largely has private ownership of companies and other institutions which trade freely with each other. The private ownership of entities with no hand of a government agency makes the owners take charge and have control over production, labor, resource allocation, and their exchanges. The presence of many financial institutions that offer investment services and provide exchange means for goods characterize their free market, for instance, Bank of America and Citigroup. The banks thereof make their profits from the transaction fees and interests on the investments made by the companies.

Trading in the United States allows one to have the freedom to carry out their activities. All people can engage themselves in businesses as no entry barriers that offer prohibition. The traders are free to produce commodities of their business; if it is for production companies, they can manufacture their products freely without hindrances. Traders also have the freedom to buy goods according to their financial capacities, and one can buy little or much according to their status and buy what they want. The sellers or the owners set up the prices of their various products.