Multiple Choice
Which of the following best describes why the mixed economy is the dominant economic system in the world?
A) because custom and religion have no influence on economic decisions in these systems
B) because pure capitalist economies have placed more control in the hands of individuals in recent years
C) because there is public (i.e., governmental) ownership of resources, but regulation of government by individuals reduces some of the flaws of pure capitalism
D) because there is private ownership of property, but government regulation of individuals reduces some of the flaws of pure capitalism
Correct Answer:

Verified
Correct Answer:
Verified
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