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Question

Question
What happens when a country has a mixed economy?
(1 point)
Responses

There is a blend of big and small industries.
There is a blend of big and small industries.

The people can choose whether to work or not.
The people can choose whether to work or not.

Some businesses are privately and some are publicly owned.
Some businesses are privately and some are publicly owned.

Immigration is encouraged to promote a diverse workforce.

Answer 1

When a country has a mixed economy, the correct response is:

Some businesses are privately and some are publicly owned.

In a mixed economy, both the private sector (individuals and businesses) and the government (public sector) play a role in the economic decision-making and production of goods and services.