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Question
in the united states, the government holds some control over the distribution of goods and services, while supply and demand decides much about the rest of the distribution. what type of economic system is this? command economy mixed economy market economy traditional economy
A mixed - economy combines elements of both government intervention and market - driven forces. In the described scenario, the government has some control while supply and demand also play a significant role, which is characteristic of a mixed economy. A command economy has full government control, a market economy is driven solely by supply and demand with little government intervention, and a traditional economy is based on customs and traditions.
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B. Mixed Economy