Question

10. With "centrally planned" on the left and "free market" on the right, which of the following countries' economic systems would be farthest to the right on the continuum of mixed economies?
O North Korea
South Africa
Hong Kong
O United Kingdom
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Answer 1

Answer:

United kingdom

Explanation:

The united kingdom has free market economic system

the UK has a mixed economy, developed through free market and global economy, which is regulated by the Governnment to prevent market failure. The mixed market economy allows the market to operate and the government to only intervene where the market fails.