81.5k views
5 votes
What type of economic system is being described?

A Command Tools
B) Market
C) Mixed
D) Socialism

User Ukanth
by
9.0k points

1 Answer

3 votes

Final answer:

A mixed economic system is being described.

Step-by-step explanation:

In this case, the economic system being described is a Mixed Economic System. Most economies in the real world are mixed, combining elements of command and market systems, as well as traditional systems. In a mixed economic system, economic decisions are made by both individuals and private firms, as well as government officials.

User XurajB
by
7.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.