1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gennadij [26K]
3 years ago
14

A _____ economic system can be characterized by some government involvement and private ownership of most business.

History
2 answers:
ankoles [38]3 years ago
8 0

The answer is the market

<h2>Further Explanation </h2>

As one of the developed countries in the world, Australia has the same economic system as the United States and the United Kingdom, Australia has a <em>liberal (market)</em> economic system. The country has successfully recorded a high GDP per capita and pushed poverty rates quite high.

Learn More

economic system brainly.com/question/4123389, brainly.com/question/8848735

Details

Class: High School

Subject: History

Keyword: Australian economic system

777dan777 [17]3 years ago
4 0

A mixed economic system can be characterized by some government involvement and private ownership of most business.

<h3>Explanation: </h3>

Economic system is any of the ways in which humankind has arranged for its material provisioning.

Economic system is the way scarce resources get distributed within an economy determines the type of economic system. There are four types of economies:

  • Traditional economy
  • Market economy
  • Command economy
  • Mixed economy

A mixed economic system is the system that combines aspects of both capitalism and socialism. It protects private property and allows a level of economic freedomk in the use of capital, also allows for governments to interfere in economic activities in order to achieve social aims.

There are three main types of economies such as the free market, command, and mixed. The advantages of mixed economy  are:

  • It promotes a quick economic development.
  • It creates a balance in regional developments.
  • It encourages lesser income inequality.
  • It provides the freedom to own a private property.
  • It brings about the fear of nationalization.
  • It could risk the government to go too far.

A mixed economic system can be characterized by some government involvement and private ownership of most business.

Hope it helps!

Learn more about economic system   brainly.com/question/6566910

#LearnWithBrainly

You might be interested in
How is Roosevelt's "Second Bill of Rights," in part, a response to conditions in Europe at the time?
sweet-ann [11.9K]

Answer:

The right to adequate medical care and the opportunity to achieve and enjoy good health

The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;

Explanation:

The right to a good education.

8 0
2 years ago
which of the following factors resulted in the shift in early societies frim hunting and gathering to farming and herbing
Andreas93 [3]

Wich of the following factors resulted in the shift in early societies from hunting and gathering to farming and herding - 1845202.

8 0
3 years ago
The National Defense Education Act (1958) was created to
Dennis_Churaev [7]
The act was created for two purposes. One, it was designed to provide the country with specific defense oriented personnel (providing federal help to foreign language scholars, area studies centers, and engineering students). Two, it provided financial assistance (mainly through the National Defense Student Loan program) for thousands of students who would be part of the growing numbers enrolling at colleges and universities in the 1960s.<span />
8 0
3 years ago
What is the correct definition of the term gothic architecture?
mylen [45]

Answer:

c

Explanation:

7 0
3 years ago
Why was the POW/MIA issue unique during the Vietnam War?
Alexandra [31]

Answer:

The Vietnam POW/MIA issue is unique for a number of reasons. The Vietnam War was the first war the United States lost. As a consequence, after the war it was impossible for the United States to search the battlefields for remains of its dead and missing.

Explanation:

So it was war between United states and the Vietnam and its was hard for the United States bury there dead friends and that why its was a issue.

5 0
3 years ago
Other questions:
  • Question 1 of 5
    7·1 answer
  • In which American region were groups of Native Americans known for living in long houses and using slash and burn techniques for
    11·1 answer
  • During the first two years of WWII what was the United States position
    13·2 answers
  • The first of South Carolina's many and varied state parks date back to what era?
    11·1 answer
  • What two collections form the basis of Islamic law, also known as Shariah?
    11·1 answer
  • Need today! After General Robert E. Lee's surrender at Appomattox Court House, the main priority of the United States was to -
    14·2 answers
  • When the Canadian Confederation was formed in 1867 Canada became
    9·1 answer
  • The Gulf of Mexico is located
    6·1 answer
  • Hep help help help help
    14·1 answer
  • Which phrase best completes this diagram? Features of the Gupta Empire Gave emperor total power Encouraged trade with other coun
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!