asked 104k views
4 votes
10. With "centrally planned" on the left and "free market" on the right, which of the following countries' economic systems would be farthest to the right on the continuum of mixed economies?

O North Korea
South Africa
Hong Kong
O United Kingdom


1 Answer

4 votes

Answer:

United kingdom

Step-by-step explanation:

The united kingdom has free market economic system

the UK has a mixed economy, developed through free market and global economy, which is regulated by the Governnment to prevent market failure. The mixed market economy allows the market to operate and the government to only intervene where the market fails.

answered
User Bart Barnard
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.