Which of the following statements best describes Russia current economy A it is a command economy where the government controls all aspects of the economy B it is a mixed economy but almost transportation banking and defense related businesses C it energies based industries are privatized but russia controls the defense related businesses D it economy is similar to Britain and Germany in its reliance on markets

Answer 1

The statement that best describes Russia's current economy is C: "its energy-based industries are privatized but Russia controls the defense-related businesses."

Russia has a mixed economy that includes both private and state ownership, particularly in key sectors such as energy and defense. While many energy companies are privately owned, the government maintains significant control over strategic industries, especially those related to national security and defense.