Question
Mixed economies are those that involve a mixture of which elements?
A.
barter and trade
B.
custom and habit
C.
supply and demand
D.
market and command
A.
barter and trade
B.
custom and habit
C.
supply and demand
D.
market and command
Answers
GPT-4o mini
D. market and command
Mixed economies combine elements of both market economies (where decisions are made by individuals and businesses based on supply and demand) and command economies (where decisions are made by central authorities or governments).
Mixed economies combine elements of both market economies (where decisions are made by individuals and businesses based on supply and demand) and command economies (where decisions are made by central authorities or governments).