Question

The South African economy can BEST be described as a A) command economy B) traditional economy C) pure market economy D) mixed market economy

Answer 1

Answer:

D) mixed market economy.

Explanation:

The South African economy can best be described as a mixed market economy. A market economy is one in which the economy obeys the rules of the market. This means that supply and demand determine most questions about economy. On the other hand, a command economy is one that is controlled by the government. A mixed market economy is one that shows features of both types of economy.

Answer 2

D). mixed market because the African economy is fall in commodity prices and slowdown of the Chinese economy.