Question

14. Similar to the United States, the majority of private ownership and limited government ownership of businesses in the economies of France and Germany identify them as being closest to ? On the economic spectrum.

Answer 1

Step-by-step explanation:

The majority of private ownership and limited government ownership of businesses in the economies is a characteristic of mixed economy.

Mixed economies typically maintain private ownership and control of most of the means of production, but often under government regulation.Most of the democratic economies of the world follow this model of economy as it is beneficial for the democracy. The United States, France and Germany all were once fully capitalist have now turned towards mixed economy.