Which of the following statements best describes Russia's current economy?

Question

(1 point)
• It is a command economy where the government controls all aspects of the economy.
• It is a mixed economy but owns transportation, banking, and defense-related businesses.
• Its energy-based industries are privatized, but Russia controls defense-related businesses.
• Its economy is similar to Britain and Germany in its reliance on markets.

Answer 1

Its energy-based industries are privatized, but Russia controls defense-related businesses.