Asked by Michael

Which statement best describes the role of government in a mixed economy?
1) it controls all decisions about business activities, including profit levels.
2) it forms companies and then allows individual managers to run them.
3) it follows a strict policy of laissez-faire. (my answer)
4) it regulates businesses when the public interest is involved.

Please help Ms. Sue!
Answered by Ms. Sue
I disagree.
Answered by Michael
My next best answer would be four.
Answered by Ms. Sue
Yes, 4 is right. Think about how the government regulates the food industry to make sure that our food is safe to eat.
Answered by Michael
Thank you so much Ms. Sue
Answered by Ms. Sue
You're very welcome, Michael.
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