Question

Which of the following describes a mixed economy?

OA. Individuals own some businesses, and the government also owns
some businesses.
B. The government owns and runs all the businesses.
OC. The government and the people own everything together.
D. Individuals own businesses, and they compete with one another
for profits.

Answer 1

A. Individuals own some businesses, and the government also owns

some businesses.

A mixed economy is when individuals have the freedom to establish and run their own business, but the government may have control over certain industries and other parts of the economy.