Ask Question
20 May, 19:08

In which kind of economy are prices determined by supply and demand and by government actions?

+5
Answers (1)
  1. 20 May, 19:50
    0
    Answer: Mixed Economy

    Explanation: A mixed economy is a form of economics that combines two or more distinct economic models.

    It is an economic system in which both the private and public sectors participate. The mixed economy exists in many capitalist countries, notably in the social democratic regime.

    In the mixed economy, the State, in addition to guiding the economy, has the ownership of important companies in strategic sectors (banking, manufacturing, transport, health and education).
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In which kind of economy are prices determined by supply and demand and by government actions? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers