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what are the pros of a mixed market economy for most citizens? select t…

Question

what are the pros of a mixed market economy for most citizens? select three answers.
the government provides most basic necessities for citizens.
there is a great deal of independence and personal choice.
there may be less of a gap between rich and poor people.
the government cannot dictate which jobs citizens hold.
there may be greater opportunity to become wealthy.
the economic system works to promote equality.

Explanation:

Brief Explanations

A mixed market economy combines private enterprise and government intervention.

  • Citizens have personal choice/independence as private markets let them choose jobs, goods, and services (government doesn't dictate jobs).
  • Private sector opportunities allow for wealth building.
  • Government safety nets and regulation can reduce wealth inequality compared to a pure free market.

Answer:

B. There is a great deal of independence and personal choice.
D. The government cannot dictate which jobs citizens hold.
E. There may be greater opportunity to become wealthy.