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Question
the economy of lunaria is defined by the private ownership of the means of production. although products and prices are based on market factors, the government passed laws to ban harmful products and has set a minimum wage. lunaria is an example of a select an answer economy. select an answer free market command mixed market communist
In a mixed - market economy, there is private ownership of the means of production like in a free - market economy. However, the government also plays a role in regulation, such as banning harmful products and setting a minimum wage, which is not typical of a pure free - market economy. In a command economy, the government controls production and prices, and in a communist economy, there is collective ownership of the means of production.
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C. mixed market