In a _____ economy,certain sectors of the economy are left to private ownership and free market mechanisms,while in other sectors there is significant state ownership and government planning.

Question

Quizplus · Accepted Answer

In a mixed economy, both private ownership and government ownership exist. The market mechanisms operate freely in some areas, while the government regulates or owns sectors such as health care or education. This economic system is a blend of capitalism and socialism.

In a _____ Economy,certain Sectors of the Economy Are Left