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Use the drop-down menu to complete each statement. The property in a mixed market economy likely is . Most of the property in command economies is owned by . The citizens of a command economy are likely to own property than citizens of a mixed-market economy.

Answer :

Answer:

The Correct Answer is

1. Private and public, 2. Government, 3. less.

Explanation:

  • A mixed market Economy has characteristics of both Command and market economies.
  • Individual buyers and sellers often have the right to decide how limited resources are allocated.
  • The United States follows the Mixed market economy because it helps people in need through social security and welfare benefits and even regulates businesses.

Tundexi

The property in a mixed market economy likely is owned by Private owners.

Most of the property in command economies is owned by the government.

In a command economy, citizens own less property than citizens in the mixed-market economy.

The mixed economy system is a system where business owner are allows to freely use their capital and the market are regulated considerably by the government.

  • The mixed economy system is said to be a mixture of Socialism and Capitalism.

The Command economy system is a system where the central government makes all economic decisions, i.e. from production to how consumer get the products.

Learn more about Command economy system here

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