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In Nigeria, people can open their own businesses, choose their careers and job paths, and can purchase a wide array of consumer goods. However, the national government institutes tariffs on imported goods, has a significant share in the oil industry, and regulates much of the country's industry. Still, Nigeria has a well-developed financial and communications sectors, a national stock exchange, and an abundance of natural resources, Where does this description put Nigeria on a continuum between pure market and pure command? A) almost all Command Economy B) more Command than Market Economy C) more Market than Command Economy Eliminate D) almost all Market Economy

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Nigeria would be a MIXED MARKET economy. The government has some control, but for the most part the people/ business owners have the control.

User Cgull
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