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business ownership in country x what type of market is illustrated by t…

Question

business ownership in country x what type of market is illustrated by this pie chart? a closed economy a traditional economy a command economy a mixed market economy

Explanation:

Brief Explanations

To determine the market type, we analyze the pie chart: it shows both state - owned (blue) and privately - owned (orange) businesses. A mixed market economy has a combination of private and public (state) ownership. A closed economy focuses on limited international trade (not about ownership mix), a traditional economy is based on customs/tradition, and a command economy has mostly state ownership. So the pie chart with both state and private ownership indicates a mixed market economy.

Answer:

D. a mixed market economy