PRC-3 · Chapter 9 · Question 32 of 45
A government implements a system combining state-owned enterprises for utilities and healthcare, alongside a thriving private sector for consumer goods. This system is a:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Mixed economy
Explanation
A mixed economy features both private enterprise (market forces) and government intervention/ownership to achieve economic and social objectives.
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