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Question
ivan works for an automobile factory that exports cars around the world. the government manages the factory, and he lives in housing provided by the city. ivan most likely lives in
a pure market economy with no government regulation.
a closed economy with limited government regulation.
a mixed market economy with some government regulation.
a command economy with heavy government regulation.
In a command economy, the government makes most economic decisions, including managing factories and providing housing. Here, the government manages the automobile - factory and provides housing, which is characteristic of a command economy with heavy government regulation.
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a command economy with heavy government regulation.