Market leaning and mixed economy are the best characteristics that describe Canada's economy.
Canada has a market-leaning economy as it relies heavily on market forces to determine the prices and allocation of goods and services. The government intervention in Canada's economy is relatively less compared to a pure command economy.
However, Canada's economy can also be described as a mixed economy as the government plays a significant role in certain sectors such as healthcare, education, and natural resources. The government also provides social welfare programs and regulations to ensure fairness and sustainability within the market.
Which characteristic best describes Canada's economy traditional, command leaning, , market leaning, or pure command
1 answer