Question
In what way is the mixed economy of Canada still have elements of a command economy?
Responses
A The government controls all private property.The government controls all private property.
B The majority of public infrastructure is owned by private industry.The majority of public infrastructure is owned by private industry.
C There are no free trade agreements with other countries.There are no free trade agreements with other countries.
D There is still government control of some industries
Responses
A The government controls all private property.The government controls all private property.
B The majority of public infrastructure is owned by private industry.The majority of public infrastructure is owned by private industry.
C There are no free trade agreements with other countries.There are no free trade agreements with other countries.
D There is still government control of some industries
Answers
GPT-4o mini
D. There is still government control of some industries.
In a mixed economy like Canada's, the government regulates and may control certain industries (such as healthcare, education, and natural resources) to ensure public welfare and address market failures, maintaining some elements of a command economy.
In a mixed economy like Canada's, the government regulates and may control certain industries (such as healthcare, education, and natural resources) to ensure public welfare and address market failures, maintaining some elements of a command economy.