Which statement BEST describes Africa's economy?
South Africa has a traditional, custom-based economy with some market elements.
Nigeria has a pure market economy in which private bussines have complete freedom
Nigeria has a pure command economy in which the government make all economic decisions.
South Africa has a mixed, primarily a market-leaning economy with some commands elements.
1 answer
South Africa has a mixed, primarily a market-leaning economy with some command elements.