Question

Which explains why government regulation is necessary in a mixed-market economy? Government regulation protects constitutional rights, safety, and fairness. Government regulation protects property rights, safety, and profits. Government regulation protects constitutional rights, profits, and fairness. Government regulation protects property rights, safety, and business owners.

Answer 1

The correct answer to this question is B) Government regulation protects property rights, safety, and profits.

The statement that explains why government regulation is necessary for a mixed-market economy is "Government regulation protects property rights, safety, and profits."

In a mixed market economy, the government combines principles of a free-market economy, private property, public property, and social economy. In a mixed market economy, the federal government establishes some clear regulations in order to keep certain control on trade, regulate prices, pays attention to social programs, and procures to maintain financial health in the market and the monetary system.