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QuizMultiple Choice

New Economic Theories

Question 1 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

A mixed market economy tends to exist under a

Answer
c
communist government that provides little regulation.
d
democratic government that provides some regulation.
r
representative government that provides no regulation.
s
socialist government that provides a lot of regulation.

Explanation

A mixed market economy combines private businesses and consumer choice with some government involvement, such as rules and public services. A democratic government that provides some regulation best fits this arrangement; no regulation would describe a more purely free-market system.

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