Question

In a __________ economy, most 4es are privately owned, but the government regulates utilities, builds roads and bridges, and provides public services, such as bus transportation.

a. market
b. planned
c. mixed
d. traditional

Answer 1

The answer is A. Market

In the market Economy, all economic activities and decision regarding investment, production, and distribution is determined by the power of Supply and Demand, which is why most businesses are privately owned, since the Government has no involvement in it