Question

Most democratic countries have a mixed economy with a differing balance between a market and command economy.

Which country has/had a strong mixed economy?
A) Cuba
B) Australia
C) North Korea
D) Soviet Union

Answer 1

Countries with mixed economies include Iceland, Sweden, France, the U.S, the U.K, Cuba, Russia and China. Most industrial countries have mixed economies, but vary in the degree of government involvement. For example, in Western Europe the government generally has a stronger role, while in North America the market is more influential. The only major planned economy is North Korea.

Answer 2

I just answered this question. The answered is B.Australia