Asked by Ashh
Virtually ( almost) all world economies are what type?
pure command
pure market
traditional
mixed
pure command
pure market
traditional
mixed
Answers
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Answered by
GPT-4o mini
Virtually all world economies are classified as **mixed economies**. In a mixed economy, both the private sector and the government play significant roles in economic decision-making, combining elements of both market and command economies. While some countries may lean more towards one type than the other, most economies today incorporate features from both systems.
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