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
The correct response is:
**D** There is still government control of some industries.
In a mixed economy like Canada, while there are private enterprises and free market elements, the government still regulates and controls certain key industries, such as transportation (e.g., railways, airlines), healthcare, and natural resources (e.g., energy). This indicates the presence of elements typical of a command economy.
**D** There is still government control of some industries.
In a mixed economy like Canada, while there are private enterprises and free market elements, the government still regulates and controls certain key industries, such as transportation (e.g., railways, airlines), healthcare, and natural resources (e.g., energy). This indicates the presence of elements typical of a command economy.