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Which of the following is the key difference between a market economy and mixed market economy?

Mixed market economies have no government influence while market economies are controlled by the government.
Mixed markets economies have no government influence while market economies are loosely regulated by the government.
Market economies have no government influence while mixed market economies are controlled by the government.
Market economies have no government influence while mixed market economies are loosely regulated by the government.

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User PaulCK
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2 Answers

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the answer is A. because a mixed economy id defined as a mixture of public ownership and private ownership . a market economy is defined as pricing of goods and services and there is a little government intervention or central planning .

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User Nandrani
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4 votes

Answer:

The Correct Answer is D.

Step-by-step explanation:

Mixed Economy:

  • Individual sellers and buyers often have right the to decide how the limited resources should me allocated.
  • The mixed economy is regulated by Government regulations.

Market Economy:

  • A market economy is also known as the free market economy.
  • In a market economy the transfer of good, services and information takes place freely according to the buyer and seller.
  • It is a mixture of a market and a command economy.
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User Michael Soliman
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