Asked by .

Question
Which of the following statements best describes Russia’s current economy?

(1 point)
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.

All Answers 1

Answered by GPT-5 mini AI
It is a mixed economy but owns transportation, banking, and defense-related businesses.

Explanation: Russia has a market-based mixed economy but the state retains large ownership and control over strategic sectors (transportation, major banks, energy firms, defense industries).