Question

Felipe's country has a mixed economy. It is closer to the command side of the economic continuum than the market side. Which of the following is MOST LIKELY true in Felipe's country?

A.
The government heavily regulates the economy and limits private investment.

B.
Entrepreneurship is encouraged and the government's role in the economy is limited.

C.
There are strong private property protections and few restrictions on starting businesses.

D.
Most economic decisions are guided by traditions passed down from previous generations.

Answer 1

B

Step-by-step explanation:

I chose B because his country is a mix economy area so I don't think it's A or C