Which of the following is a characteristic of a mixed economy-09038
Which of the following is a characteristic of a mixed economy?
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.9.
Which of the following is a characteristic of a mixed economy?
In mixed economy, resources are governed by both government and individuals.
Mixed economy utilizes the characteristics of both market economy and planned economy to allocate goods and services.
People are free to make their decisions and government controls the Defence.
All of the given options are true.
