A market economy in which the government plays some role is called

Question

Quizplus · Accepted Answer

A mixed economy is one in which both the market and the government play a role in allocating resources and regulating the economy. This can include government policies such as subsidies, taxes, and regulations, as well as public services such as healthcare, education, and infrastructure. This system is often seen as a compromise between the extreme ends of capitalism and socialism.

A Market Economy in Which the Government Plays Some Role