Question

A mixed economy has strong elements of both __________ and __________ economies. A. planned . . . traditional B. market . . . planned C. market . . . traditional D. planned . . . command Please select the best answer from the choices provided. A B C D

Answer 1

The answer would be B. market . . . planned

Answer 2

Answer:

B. market . . . planned

Explanation:

• The mixed economy is the economic system that is capable of blending the market of the mixed market with that of the planned economies due to the private and the public enterprises.

• Hence the impact of the market forces with that of the economic planning for guiding the production of the economy and the including of the capitalist economy indicative of the macro plannings and the use of the indicative market planning to support the market forces.

• Also involved in the transportation and the Telecomm and the infrastructure of the economy that represents a planned economy and is owned by the varied level of the state and the enterprises.