Question

Look at the types of economies continuum.

Which statement describes the economy of Brazil.

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Group of answer choices

Brazil has a pure market economy.

Brazil has a pure command economy.

Brazil is mostly a market economy, but the government does control some businesses.

Brazil is mostly a command economy, but the government allows some farmes to sell some of their go

Answer 1

Brazil is mostly a market economy, but the government does control some businesses.

Reason: Brazil is a mixed economy with private enterprise and market pricing dominant, but the government owns or regulates key industries (energy, some banks, etc.) and intervenes with policies and programs.