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Question
multiple-choice question
what is a mixed economy?
there are features of the other three types of economies in a mixed economy.
government controls everything and the money supply is limited.
no one has power.
private companies control everything and no individuals share in any type of profit.
A mixed economy combines elements of command, market, and traditional economies. The incorrect options describe: a command economy (government controls everything), an inaccurate, unrecognized economic system (no one has power), and a pure unregulated market/extractivist system (private companies control all profits).
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A. There are features of the other three types of economies in a mixed economy.