Economics · Types of Economies
An economy which is characterized by a system where the private sector is given a substantial role but the state transitions its role into that of a facilitator, primarily planning through guidelines, is called a/an ______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Indicative Economy✓
- 2Macroeconomy
- 3Command Economy
- 4Mixed Economy
Correct answer
Indicative Economy
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