An economy that blends private and public ownership is called a-Select one:Mixed Economyhighlight_offCommand Economyhighlight_offFree Enterprise Systemhighlight_offFree Market Economyhighlight_off
Question
An economy that blends private and public ownership is called a-Select one:Mixed Economyhighlight_offCommand Economyhighlight_offFree Enterprise Systemhighlight_offFree Market Economyhighlight_off
Solution
The correct answer is Mixed Economy. This type of economy combines elements of both private and public ownership.
Similar Questions
Which type of economy has central ownership and lack of individual choice?Group of answer choicesCommand EconomyMixed EconomyTraditional EconomyNext
A free enterprise system is also called ____________ or a market economyResponsescapitalismcapitalisma mixed economya mixed economycommunismcommunisma dictatorship
When an economy is a combination of private enterprise, government ownership of resources and government planning of the economy, this is called
An economy based on total government control over economic decisions is a _____.A.traditional economyB.command economyC.market economyD.mixed economy
The economic system under which basic industries are operated by the government or owned by the private sector under strong government control is called:Group of answer choicescapitalismScratchsocialismScratchcommunismScratchpublic enterpriseScratchlaissez faireScratch
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.