The most common economic system in the world is a

Posted By Admin @ September 03, 2022

Question:

The most common economic system in the world is a closed economy. command economy. mixed market economy. traditional economy.

Answer:

 The most common economic system in the world is a mixed market economy

What is a Mixed Market Economy?

    A mixed market  economy is that in which a market system where resource allocation, commerce, and trade in  free markets coexist with government intervention.

 

     This involves  a combination of free market principles of private contracting ( that is the private sector taking charge of the elements of production) and socialist principles( that is the government intervention in the market)

   

     The United States in a good example of  of a mixed market economy in the sense that the elements of production are firmly in the hands of the private sector while the government intervenes by providing support such as subsidies etc

Learn more about a mixed market economy at brainly.com/question/11972056

Similar Questions

  1. Which of these economic systems have the least in common
  2. Efficiency in distribution systems around the world has led to
  3. What is the economic system in the united states brainly
  4. The foundation of the us economic system is based on
  5. What type of economic system are you a part of
  6. A capitalist country has which of the following economic systems
  7. The four basic principles of the u.s. economic system are
  8. What system of stratification is commonly used in capitalist societies
  9. What basic decisions does our economic system help us make
  10. How many amino acids are common to all living systems
  11. An economic system is the method a society uses to
  12. What was an economic effect of world war ii apex
  13. A common criticism of the marketing system is that intermediaries
  14. In which political system are multiple political parties most common
  15. What economic system focused on exports and acquiring precious metals
  16. Economic system where the factors of production are privately owned
  17. Banks and credit card companies use credit scores to apex
  18. Game theory is necessary to understand which kinds of markets
  19. Why is it important to wear loose-fitting clothing when exercising
  20. A heavy rope 50 ft long weighs 0.5 lb ft
  21. Why is cancer considered a disease of the cell cycle
  22. Which problem did george washington encounter when he became president
  23. Any material that resists the movement of heat through it
  24. Which graph shows a system of equations with no solutions
  25. Which solution when mixed with a drop of bromthymol blue
  26. John works for a factory and receives a weekly paycheck
  27. Two variables x and y supposedly hold strings of digits
  28. Which action influences the abiotic components of an organism's environment
  29. Carbon fixation involves the addition of carbon dioxide to _____.
  30. The process by which genotype becomes expressed as phenotype is
  31. What is the role of an executor in estate planning
  32. After an unsuccessful attempt to train her puppy one morning
  33. The general term used to describe elevated levels of cholesterol
  34. Which article of the us constitution establishes the legislative branch
  35. When was there is no frigate like a book written
  36. How is the information in the bill of rights organized
  37. A twelve sided die with sides labeled 1 through 12
  38. What was the major change caused by the agricultural revolution
  39. How is a credit union different from a retail bank
  40. Which fossil fuel accounts for 95 of consumption for transportation
  41. Which is a measure of the efficiency of an investment
  42. The best known early roman dictator of the republic was
  43. Which of the following statements is true of a database
  44. Which is an invention that improved safety for railway passengers
  45. Determine the ending balance of each of the following t-accounts.
  46. A real estate broker sold your house for 189 000
  47. By the late 1600s settlers in the middle colonies were
  48. Species of bird in which the male has a fantastically
  49. Who is responsible for avoiding a collision between two boats
  50. How does adding an adult mediator improve a tense situation
  51. What were the best decades for unions and their members
  52. A person who has symptoms of paleness and chronic fatigue
  53. What were the lasting effects of the reconstruction period apex
  54. Which of the following are the top two job expectations
  55. Which process occurs at the anode in an electrochemical cell
  56. Which of the following distinguishes music of the classical era
  57. What is the importance of wearing sunglasses all year long
  58. You have 2 coins that add up to 30 cents
  59. Describe the sequence of events in the lithification of sandstone
  60. A production possibilities frontier with constant opportunity cost is considered
  61. Which comes first in the traditional order of an essay
  62. In a market economy a high price will usually cause
  63. What groups of organisms are most in danger of extinction
  64. Who was the last astronaut to walk on the moon
  65. What would be a symptom of an under-producing lacrimal gland
  66. Which statement best describes the author's viewpoint in the passage
  67. Single-celled organisms are able to maintain internal stability because they
  68. Identify some abiotic characteristics of the rainforest biome site 1
  69. What statement about the major and minor grooves is true
  70. Which best describes the availability of substitutes in a monopoly
  71. What is the difference between a postulate and a theorem
  72. What is the value of r in ideal gas law
  73. Where would you most likely find an integral membrane protein
  74. What is the difference between a primary and secondary source
  75. In a traffic jam when drivers can t get where

When you push a 1.80-kg book resting on a tabletop

The coefficients of static and kinetic friction between the book and the tabletop are 0.127 and 0.085.Given data:The mass of book is, m = 1.80 …

To build a triglyceride you will need what additional piece

Answer:The building blocks of lipids is one glycerol, one fatty acids.Triglycerides building blocks is glycerol and additional 2 fatty acids making three.Triglycerides are tri esters …

How do the nervous system and endocrine system work together

Answer:the endocrine system and the nervous system are the two major regulating and communicating systems of the body. During rest and exercise, the nervous system …

Which of the following pairs of compounds are cis-trans isomers

Answer:Explanation:The first step is to know where we have the double bond in each molecule:a)b)c)d)e)f) Now, we have to keep in mind that we can …

Aesop was an ancient storyteller who was credited with writing

Aesop was an ancient storyteller who is credited with writing a series of fables known as Aesops fables. This is a interesting series of fables …

One of the biggest risks involved in using email is

The best answer to the question that is being presented above would be letter d. One of the biggest risks involved in using electronic mail …

During which phase of the moon do neap tides occur

Answer:First Quarter and Third Quarter.Explanation:Tides are formed as a consequence of the differentiation of gravity due to the Moon across to the Earth sphere.Since gravity …

The part of meiosis that is similar to mitosis is

Answer:Meiosis II.Explanation:Meiosis may be defined as a type of cell division in which four daughter haploid cells are produced from the single diploid cell. Meiosis …

A character that was a foil for hamlet was .

Horatio, Fortinbras, Claudius, and Laertes are characters who Shakespeare includes in Hamlet as obvious foils for Hamlet. Horatio’s steadfastness and loyalty contrasts with Hamlet’s variability …

Which type of account is most suitable for sofia's needs

The type of account that is most suitable to Sofia’s needs is a market money account. MMA or also known as the Money Market Account …

What is the greatest common factor of 14 and 42

I’m pretty sure it’s 2.

A temporary suspension of the menstrual cycle normally occurs during

D) during the menopause there’s a suspension of the mestrual cycle

Web authoring programs are used to create sophisticated commercial websites

The answer to this question is the term web authoring programs. A web authoring programs is a development software that is used to develop or …

Which of the following statements about the sun is true

The correct answer is option D. The Sun is only one of billions of stars in the galaxy, many of which are very similar to …

All of the following are current issues in politics except

The answer would be (b.) because today women have the right to vote.