In country X, goods like bread and milk are provided by the market while healthcare is provided by the government. In other words, country X is a _____.

Question

Quizplus · Accepted Answer

Country X is a mixed economy because it combines elements of both market and government provision of goods and services, with some goods provided by the market (like bread and milk) and others, such as healthcare, provided by the government.

In Country X, Goods Like Bread and Milk Are Provided