In a mixed economy, the government steps in mainly to

set the price of every single good and service sold in the countryCorrect answerYour answerown every factory and every farmCorrect answerYour answerprovide essential goods and services the market fails to provideCorrect answerYour answerstop private firms from earning profitsCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

The market supplies what it can produce well; the state supplies essentials the market leaves out.

Concept: Mixed economy
Typical timeTypical: 70 s
Your timeYours: —

The rule this testsEconomic systems

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Ten questions from Economic Systems & the Five Year Plans, at your own pace.

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Ten questions from Economic Systems & the Five Year Plans, at your own pace.

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In a mixed economy, the government steps in mainly to

Explanation