Alia works for a real estate development company that builds office complexes and leases them to private businesses and nonprofit organizations. Although her company owns the land upon which it builds and has the right to profits from its activities, it often has to navigate a variety of regulations, permits, and taxes whenever it starts a new development. Alia's employer most likely operates in what kind of economy?

Question

Quizplus · Accepted Answer

Alia's employer operates in a mixed economy where there is a combination of government regulations and private enterprise. The fact that the company has to navigate regulations, permits, and taxes suggests that there is government involvement in the economy. However, the company still has the right to profits from its activities, indicating a presence of private enterprise.

Alia Works for a Real Estate Development Company That Builds