Question

Use the drop-down menu to complete each statement. The property in a mixed market economy likely is . Most of the property in command economies is owned by . The citizens of a command economy are likely to own property than citizens of a mixed-market economy.

Answer 1

Answer:

The Correct Answer is

1. Private and public, 2. Government, 3. less.

Explanation:

• A mixed market Economy has characteristics of both Command and market economies.
• Individual buyers and sellers often have the right to decide how limited resources are allocated.
• The United States follows the Mixed market economy because it helps people in need through social security and welfare benefits and even regulates businesses.

Answer 2

1. Private and public

2. Government

3. less