What kind of economy does Country X have?

A.
The government's role in setting the prices of goods shows that Country X has a market economy.

B.
The government's ownership of the factors of production shows that Country X has a market economy.

C.
The government's encouragement of entrepreneurship shows that Country X has a command economy.

D.
The government's control of the factors of production shows that Country X has a command economy.

1 answer

D. The government's control of the factors of production shows that Country X has a command economy.
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