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serg [7]
3 years ago
7

Mexico and Brazil both have this type of economic system?

History
1 answer:
algol [13]3 years ago
7 0

Answer:

B. They are both mixed economies

Explanation:

Brazil has one of the world's larger economies. Its economy is mixed and based largely on a free-market (capitalist) system but with some government controls—for example, taxes and limitations on trade and on industrial pollution.

Mexico has a mixed economy, which means that it is made up of both privately-owned and state-owned companies. The government also regulates economic activity. Development is occurring at a rapid rate and private investments and businesses have also been increasing

Both are mixed economies

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