The type of economic system you are describing is a mixed economy.
In a mixed economy, there is a combination of free enterprise (where private businesses operate with minimal government interference) and government control (where the government regulates or controls certain sectors of the economy). This system allows for the benefits of free markets, while also having regulations in place to address social welfare and economic stability.
So, the correct response is mixed because it incorporates elements from both free enterprise and government control.
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