2 years ago

Which of the following is a quality of a mixed economy?

1 answer:

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Answer:

Image result for Which of the following is a quality of a mixed economy? 1. Businesses have complete control of what they import. 2. Individuals have complete control of what they export. 3.Leaders determine the wages of individuals without any input from businesses. 4. Government encourages free trade of specific products.

'One main characteristic of a mixed economy is the ownership of goods by both private and government/state-owned entities. Monopolies have the potential to occur in this type of economy, but the government closely monitors this. For the economy to be mixed, the government can control some parts but not all.

Explanation:

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