Which of the following is NOT true about a mixed economy?Question 2Select one:a.Examples include Venezuela and Italyb.Certain productive activities are owned by the state, while others are left to private ownershipc.Mixed economies are becoming more popular around the worldd.Governments tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests
Question
Which of the following is NOT true about a mixed economy?Question 2Select one:a.Examples include Venezuela and Italyb.Certain productive activities are owned by the state, while others are left to private ownershipc.Mixed economies are becoming more popular around the worldd.Governments tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests
Solution
The statement that is NOT true about a mixed economy is: "Governments tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests".
This statement is not necessarily true for all mixed economies. While it is true that in a mixed economy, the government has the ability to intervene in economic matters, it does not mean that they always take over troubled firms. The decision to take over a firm would depend on a variety of factors, including the specific policies of the government in question and the importance of the firm to the national economy. Therefore, this statement is not a defining characteristic of a mixed economy.
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