select the correct answer.\nin a certain country, private enterprises provide various goods and services…
select the correct answer.\nin a certain country, private enterprises provide various goods and services. but the government provides free public transportation and electricity to its citizens. which type of economy exists in this country?\na. traditional\nb. mixed\nc. communist\nd. capitalist
Answer
Brief Explanations:
A mixed - economy has both private and public sectors. Here, private enterprises operate while the government provides free public goods like transportation and electricity, which is characteristic of a mixed - economy. Traditional economies are based on customs and traditions. Communist economies have state - ownership of most means of production and distribution. Capitalist economies have private ownership of the means of production with minimal government intervention.
Answer:
B. mixed