In Nigeria, people can open their own businesses, choose their careers and job paths, and can purchase a wide array of consumer goods. However, the national government institutes tariffs on imported goods, has a significant share in the oil industry, and regulates much of the country's industry. Based on this description, Nigeria could BEST be categorized as a ___ economy. Responses (1 point) Responses Command Command Market Market Mixed Mixed Traditional

Answer 1

Based on the description provided, Nigeria could BEST be categorized as a mixed economy. This classification is due to the combination of free market elements, such as the ability for people to open businesses and choose careers, along with significant government involvement in regulating industries and instituting tariffs on imported goods.