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13 October, 13:34

Which accurately reflect the role of government in a mixed market economy?

(Select all that apply.)

A) The government promotes competition between businesses.

B) The government owns or partially owns some businesses.

C) The government ensures business monopolies stay intact.

D) The government requires businesses to provide truthful advertising.

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Answers (1)
  1. 13 October, 14:43
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    The most suitable answers are,

    A) The government promotes competition between businesses.

    B) The government owns or partially owns some businesses.

    Explanation:

    In a mixed market economy, bother government and the private sector plays an important role in the economy. Moreover, government tends to regulate the economy and it's activities to ensure a smooth flow.

    In addition, both state owned and privately owned corporations present as well.
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