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QUESTION IMAGE

a mixed - market economy is one in which the government has complete co…

Question

a mixed - market economy is one in which
the government has complete control.
there are strict limits on economic choice
the government makes no regulations.
there is competition and free enterprise.

Explanation:

Brief Explanations

To solve this, we analyze each option:

  • "the government has complete control" describes a command economy, not mixed - market.
  • "there are strict limits on economic choice" is not characteristic of a mixed - market economy which allows for some economic freedom.
  • "the government makes no regulations" describes a pure market economy, not mixed - market (mixed - market has some government regulation).
  • "there is competition and free enterprise" is correct as a mixed - market economy combines elements of market (competition, free enterprise) and government intervention.

Answer:

D. there is competition and free enterprise.