Question

Which of the following would reflect Japan's mixed economy?

A. Prices and wages are solely regulated by the country’s government.


B. A combination of privately-owned businesses and government regulations.


C. The country’s distribution of resources is based on inheritance.


D. All economic decisions are based on customs and beliefs of ancestors.

Answer 1

B. A combination of privately-owned businesses and government regulations reflects Japan's mixed economy.

A mixed economy is an economic system that combines elements of both capitalism (privately-owned businesses and market forces) and socialism (government regulations and intervention). In Japan, the government plays an active role in regulating and supporting key industries, while also allowing private enterprise to flourish. This model is often referred to as a "coordinated market economy," in which the government and private sector work in partnership to achieve common goals.

Answer 2

i think it is B im not sure

Step-by-step explanation: