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Responses
It is a command economy where the government controls all aspects of the economy.
It is a command economy where the government controls all aspects of the economy.
It is a mixed economy but owns transportation, banking, and defense-related businesses.
It is a mixed economy but owns transportation, banking, and defense-related businesses.
Its energy-based industries are privatized, but Russia controls defense-related businesses.
Its energy-based industries are privatized, but Russia controls defense-related businesses.
Its economy is similar to Britain and Germany in its reliance on markets
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The statement that best describes Russia’s current economy is:
It is a mixed economy but owns transportation, banking, and defense-related businesses.
This reflects the characteristic of Russia's economy, where there is a significant presence of state-owned enterprises in key sectors while still allowing for private ownership and market dynamics in other areas.
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