The U.S.has a mixed economy because

Question

Quizplus · Accepted Answer

In a mixed economy, the government plays a role in answering the three basic questions of economics: what to produce, how to produce it, and for whom to produce it. However, there is still room for private enterprise and market forces to operate. Therefore, choice A is the best answer as it describes the defining characteristic of a mixed economy. The other choices are incorrect because they do not accurately describe a mixed economy. Choice B describes a laissez-faire economy with no government intervention, while choice C suggests a fully private market system, and choice D describes a centrally planned economy with no private enterprise.

The U.S.has a Mixed Economy Because