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Savatey [412]
3 years ago
15

Based on your knowledge of the Economic System Continuum, the economy of Canada could BEST be described as

Social Studies
1 answer:
frozen [14]3 years ago
4 0

Answer: Mixed economy

Explanation:

A mixed economy is described as one that has capitalism and socialism in operation. A mixed economy gives room for private organization to control some section of the economy via competition and allows some percentage of government regulation in the economy to accomplish social aims.

Canada operates a mixed economy, private organization are allowed to control the market with some government regulation coming in some aspect of the industry.

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