11
QuizMultiple Choice

N/A — Exam

Question 11 • Economics

A mixed-market economy is one in which

Answer
A
the government has complete control.
B
the government makes no regulations.
C
there are strict limits on economic choice.
D
there is competition and free enterprise.

Explanation

A mixed-market economy combines private economic activity with some government involvement, such as regulations or public services. Competition and free enterprise are important features of its market side, so the best choice is “there is competition and free enterprise.” The government does not have complete control, and it does not simply avoid regulations.

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