China is the greatest economic rival to the U.S. — and China's economy has grown more and more similar to the U.S. system as the developing nation turned into a global power player. China's political ...

Economic systems are defined by the method that a nation uses to allocate its goods and services. These systems have varying degrees of government control, and range from free market economies to ...

The coronavirus pandemic, and the related shutdown of most businesses, dealt an unprecedented blow to the U.S. economy, dragging the nation into the worst downturn since the Great Depression. But ...