Question

Government plays a role in which type of economy?

a. only free market economies like the united states


b. only socialist economies


c. only mixed economies


d. all economies

Answer 1

Answer: All economies

Explanation: The government of a country plays a role in every economy regardless of the type of economy the country runs, the major difference in economies is the extent to which the government functions in the economies.

In the socialist economy the government holds a more controlling role than in the capitalist economy where a free market is encouraged.