Economies where some production decisions are made by the government and some are made by buyers and sellers are called
A) command economies.
B) market economies.
C) mixed economies.
D) capitalist economies.

Question

Quizplus · Accepted Answer

Mixed economies are characterized by a blend of government intervention and market forces in decision-making regarding production and distribution. This means that both the government and private sector play significant roles in the economy.

Economies Where Some Production Decisions Are Made by the Government