How would the economies of virtually all nations today be classified?
A) communism
B) pure socialism
C) pure capitalism
D) mixed economies

Question

Quizplus · Accepted Answer

Virtually all nations today have mixed economies, which means they have a combination of government intervention and private enterprise. This system allows for a degree of economic freedom, while also providing some level of regulation and social services. While the specific balance between government intervention and private enterprise varies from country to country, the mixed economy is the dominant economic system in the world today.

How Would the Economies of Virtually All Nations Today Be