Question
If a country has an economy that is mostly driven by supply and demand but the government controls a few industries, it can be described as __________.
Market economy with command elements
Command economy with market elements
Traditional economy with command elements
Traditional economy with market elements
Market economy with command elements
Command economy with market elements
Traditional economy with command elements
Traditional economy with market elements
Answers
GPT-4o mini
The correct description for a country where the economy is mostly driven by supply and demand but the government controls a few industries is **Market economy with command elements**.