In the real world, most economic systems are:
A) market economies.
B) command economies
C) mixed economies.
D) traditional economies.

Question

Quizplus · Accepted Answer

In the real world, most economic systems are mixed economies, which combine elements of both market and command economies. Government intervention and regulation coexist with private enterprise and market forces. Traditional economies are found in a few isolated societies, and pure command and market economies do not really exist in practice.

In the Real World, Most Economic Systems Are