A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2012 · Q11 Mark
What is the defining characteristic of a mixed economy?
Aone in which the allocation of resources is determined partly by the state and private individual producers and consumers
Bone in which there are both monopolies and purely competitive industries
Cone in which there are features of both more economically developed and less economically developed economies
Done which produces a mixture of agriculture and industrial products
✓ Correct answer
A: one in which the allocation of resources is determined partly by the state and private individual producers and consumers
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