Author Question: A mixed capitalist economy is one in which a. decisions are based primarily on religion or custom ... (Read 71 times)

deesands · **on:** Jul 1, 2018

A mixed capitalist economy is one in which
a. decisions are based primarily on religion or custom
b. all resources are publicly owned and economic planning is centralized
c. all resources are privately owned and prices are used to coordinate economic activity
d. resources are both publicly and privately owned and some markets are regulated
e. all resources are publicly owned and prices are used to coordinate economic activity

Question 2

The mixed economy is the dominant economic system in the world because
a. custom and religion have no influence on economic decisions in these systems
b. pure capitalist economies have placed more control in the hands of individuals in recent years
c. there is public (i.e., governmental) ownership of resources but regulation of government by individuals reduces some of the flaws of pure capitalism
d. there is private ownership of property but government regulation of individuals reduces some of the flaws of pure capitalism
e. governments in pure command economies have increased their control over decision-making in recent years