To what degree does the American economic system allow the restaurant industry to provide what we need and want efficiently

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09-09-2021
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To what degree does the American economic system allow the restaurant industry to provide what we need and want efficiently

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Tundexi Tundexi · Answer 1 · 2021-09-13T14:56:04+02:00

The American economic system does favor the restaurant industry.

The Nation cannot underestimate the role of the industry in providing employment stability and revenue (through taxes) for the government.

Let understand that the industry is worth $899 billion and provides work experience for more than half of adult living in the United States.

The government allows the industry to provides what people need and want efficiently but with strict compliance with the law governing them.

In conclusion, the mixed economy which is practiced allows the United State economy helps the government to regulates activities in the restaurant industry.

Learn about American economic system here

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