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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.
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.
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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.