Question

Which of the following statements describe(s) most modern mixed economies? i. They use traditional methods to produce goods. ii. They have a level of government control. iii. They have a level of privatization. A. i. only B. ii. only C. i. and iii. only D. ii. and iii. only Please select the best answer from the choices provided

Answer 1

Option D , ii. and iii.

Step-by-step explanation:

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Answer 2

Option D , ii. and iii.

Reason:

In a mixed economic system, there is a co-existence of private enterprise and government control over sectors like infrastructure, defense, production based industries and some basic industries.

Generally, in a mixed economy some part of production is controlled by degree of state monopoly and some part is regulated by the market or capitalism.