Question

Private property ownership and some government regulation of the economy are basic characteristics of which economic system? A. command economy B. free enterprise system C. mixed economy D. traditional economy

Answer 1

Answer:

Option C (mixed economy ) is the right approach.

Explanation:

• An economy that always incorporates aspects of conservatism and liberalism, trying to mix several other collective ownership as well as government oversight.
• Even though universal healthcare has been supported probably largely either by the ruling party, in many of these regions these are presented by a market economy.

Those certain options aren't connected to the type of situation in question. And that's the right response to the above.