Question

Which explains why government regulation is necessary in a mixed-market economy?

Government regulation protects constitutional rights, safety, and fairness.
Government regulation protects property rights, safety, and profits.
Government regulation protects constitutional rights, profits, and fairness.
Government regulation protects property rights, safety, and business owners.

Answer 1

Government regulation protects property rights, safety, and profits.

Reason: In a mixed-market economy the government enforces property and contract rights, sets safety and consumer protections, and creates a stable legal environment that allows businesses to earn and expect profits.