A mixed economy is one in which
A)a mixture of businesses operates and functions.
B)there is a mixture of public influence over government.
C)government plays a dominant role, and private markets are minimized in importance.
D)government plays a role in the operation of private markets.

Question

Quizplus · Accepted Answer

A mixed economy is one in which both the government and private individuals/businesses play a role in the operation of the economy. Specifically, the government can regulate and influence the private markets to ensure fair competition and to protect consumers. However, private markets are still important in a mixed economy as they drive economic growth and innovation.

A Mixed Economy Is One in Which