Question
Why are the economies of some Southeast Asian nations growing so quickly?
(1 point)
Responses
They all practice a traditional economy.
They all practice a traditional economy.
They use a command economy with central governmental control.
They use a command economy with central governmental control.
They have a mixed economy dominated by markets.
They have a mixed economy dominated by markets.
They have a free-market economy that benefits everyone.
They have a free-market economy that benefits everyone.
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1 answer
The most accurate response to why the economies of some Southeast Asian nations are growing quickly would be:
They have a mixed economy dominated by markets.
This reflects the blend of market-driven practices along with some government involvement, which is characteristic of many Southeast Asian economies experiencing growth.
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