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In a country where the utilities (electric, natural gas, water) are operated by nationalized companies and the government directs their distribution, but there are also privately owned companies, which type of economic system would this country have? (Free enterprise, socialist, communist, or traditional?)

User Maayan
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Answer:

communist, or traditional economy.

Step-by-step explanation:

  • Communism is a type of commanding economic system in which government has most of the factors of production that decides on the allocation of resources and items of production. Its advanced form of socialism are the utilities and products are in control of both the private and government.
User Ololobus
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