In every economic system, entrepreneurs and managers bring together natural resources, labor, and technology to produce and distribute goods and services. But the way these different elementsare organized and used also reflect a nation’s political ideals and【S1】______their culture. The United States is often described as a "capitalist"【S2】______economy, a term coined by 19th-century German economist andsocial theorist Karl Marx to describe a system which a small group of【S3】______people who control large amounts of money, or capital, make the most important economic decisions. Marx contrasted capitalist economies to " socialist" ones, which give more power in the political system. Marx and his followers believed that capitalisteconomies concentrate power in the hand of wealthy business【S4】______people, who aim mainly to maximize profits; socialist economies,on the other hand, would be more like to feature greater control by【S5】______government, which tends to put political aims—a more equal distribution of society’s resources, for instance—ahead of profits. Does pure capitalism exist in the United States While thosecategories, if oversimplified, have elements of truth to them, they【S6】______are far less relevant today. If the pure capitalism described by Marx ever existed, it has long since disappeared, as governments in theUnited States and many of other countries have intervened in their【S7】______economies to limit concentrations of power and address many of thesocial problems associating with unchecked private commercial【S8】______interests. As a result, the American economy is perhaps betterdescribed as a " mixed" economy, with government playing the【S9】______important role along with private enterprise. Although Americans often disagree about exactly where to draw the line between their beliefs in both free enterprise and government management, the mixed economy they have developed has been remarkable successful.【S10】______【S8】