QUESTION IMAGE
Question
select the correct answer.
in a certain country, private enterprises provide various goods and services. but the government provides free public transportation and electricity to all citizens. which type of economy exists in this country?
a. traditional
b. mixed
c. communist
d. capitalist
A mixed economy has both private - sector and government involvement. Here, private enterprises provide goods and services (private - sector role) and the government provides free public transportation and electricity (government role). A traditional economy is based on customs and traditions. A communist economy has government ownership of all means of production. A capitalist economy has mainly private - sector with minimal government interference.
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B. mixed