An economy in which both the public and private sectors contribute to economic growth is a__________?
The correct answer is C. mixed economy
In a mixed economy, both state-owned enterprises and private business contribute to the economy.
The government and private sector interact in solving economic problems, reflecting characteristics of both market economies and planned economies.
Previous question Next questionWhat is Exam without Practice? With our customizable CBT practice tests, you’ll be well-prepared and ready to excel in your examsStart Practicing Now