The American business environment, meaning the sets of relevant circumstances under which American companies do business, is robust, advanced, and fertile for wide-ranging innovations. Relevant to the aeronautics industry, the United States is a known leader in manufacturing and technology needed in aircraft construction and maintenance.
The role of government in America's mixed economic system is a regulatory one, although private enterprise is emphasized. A mixed economy functions with both private enterprise and government regulatory policy playing a role in directing the economy. Government sets policies and regulates such areas as corporations, environmental impact, and labor rights. The power of private enterprise comes from American belief in the power of capitalism.
Canada's business environment is similarly a mix of capitalism and government regulation of business. The significant differences between business environments in Canada and the United States are those of strength in technology, work force, and size of economy, as measured by Gross National Income (GNI); the US is ranked first and Canada eighth (NationMaster.com 2003-2019).