Most of the existing capitalist economies are …............ that combine elements of free markets with state intervention and in some cases economic planninga.mixed economiesb.independent economiesc.complex economiesd.free economies
Question
Most of the existing capitalist economies are …............ that combine elements of free markets with state intervention and in some cases economic planninga.mixed economiesb.independent economiesc.complex economiesd.free economies
Solution
The correct answer is a. mixed economies. Most existing capitalist economies are mixed economies that combine elements of free markets with state intervention and in some cases economic planning. This means that these economies have a blend of private economic freedom and centralized economic planning and government regulation.
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