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aniked [119]
3 years ago
13

Which type of economies do all African countries have? A. traditional B. mixed C. market D. command

Social Studies
1 answer:
ki77a [65]3 years ago
7 0

<u>Answer: </u>

African countries have a mixed economy.

<u>Explanation: </u>

  • African countries have mixed economy with centralized economic planning regulated by the government. It is a resource-rich continent for various economic factors to exist.
  • The employment rate has been significantly increasing over the last five years pertaining to agriculture, trade, industries.
  • Trade rate has seen a sharp decline in 2016 which had undergone an overhaul to improve.
  • Of all the macroeconomic details, services part is the highest percentage which has improved over a period of time.    
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