Question

What type of economy are owned by hospitals: transportation, power, etc.?

A. Mixed economy
B. Command economy
C. Public economy
D. Service economy

Answer 1

Hospitals are part of the service industry, which is a sector of the economy that provides intangible goods and services to consumers. Therefore, the type of economy that hospitals are owned by is the service economy.

Step-by-step explanation:

Hospitals are generally considered to be part of the service industry. The service industry is a sector of the economy that provides intangible goods and services to consumers. Examples of service industries include healthcare, hospitality, transportation, and more.

Therefore, the type of economy that hospitals are owned by would be the service economy.