The correct answer is Mixed Economy
A mixed economy is a form of economy that combines two or more distinct economic models. As economic systems are complex and generally hybrid, criteria are used to evaluate "ideal" economic systems or modes of production, such as feudalism, capitalism, socialism. In most cases, these are more specific patterns or models, hybrids of variations in a system, intermediaries between different patterns, such as liberal market capitalism and politically oriented capitalism. Even so, per capita income continues to evolve with human dexterity in the face of the outside world. Even without knowing how to deal with this, the Chinese have always committed themselves, for having a mixed economy, which is economic capitalism and socialism.
Answer:
d. irregular intervals. During recessions investment spending falls relatively more than consumption spending.
Explanation:
A recession occurs when the economy suffers a marked slippage in the economic activity. When there are two or more consecutive negative growth rate in the GDP qualifies a recession in economy by many economists.
Recession occurs at irregular intervals. Recession sees a decline in the gross domestic product of a region or a country or the decline in the investment. There is a decrease in the business revenues and sales. during recession unemployment rate increases thus increasing the consumption spending while it deceases the investment spending.
Hence the correct option is (d).
The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement. Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness
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Sitting in your assigned seat in school is an example of a social-conventional rule. Social-conventional rules are agreed upon by society and may take the form of a custom. Sitting in your assigned seat at school is considered a social-conventional rule because children are expected to listen to their teachers at school. This is a socially agreed upon rule.
