Economics · Types of Economies
Which of the following statements is TRUE about a mixed economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A mixed economy is one in which only the private sector exists.
- 2A mixed economy is one in whic h the public secto r and the private sector do not coexist with each other.
- 3A mixed economy is one in which only the public sector exists.
- 4A mixed economy is one in which the public sector (consisting of government enterprises) and the private sector (consisting of private enterprises) coexist with each other.✓
Correct answer
A mixed economy is one in which the public sector (consisting of government enterprises) and the private sector (consisting of private enterprises) coexist with each other.
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