Scenario: Globetrotter Sam Johnson
Sam Johnson is an individual who accepts risks and opportunities involved in creating and operating new business ventures worldwide. He has been considering China, France, or Vietnam for his next venture.
-If Sam selects France for his venture, he should know that France is a(n) ________.
A) emerging market
B) developing country
C) mixed economy
D) centrally planned economy

Question

Quizplus · Accepted Answer

France is a mixed economy, which means that it has elements of both a market economy and a command economy. It has a high degree of economic freedom and private enterprise, but the government also plays a significant role in regulating the economy, providing social services, and supporting certain industries.