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In a transitional economy, a _______ economy is changing to a mixed-market economy.

User Mekka
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1 Answer

3 votes

The correct answer is:

Centrally planned.

Step-by-step explanation:

A transition economy or transitional economy is an economy which is changing from a centrally planned economy, which is one in which the state or government makes economic decisions rather than the these being made by the interaction between consumers and businesses, to a market economy, which is a system in which both the private enterprise and a degree of state monopoly coexist.

User Emik
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