Which of the following statements is true about the changing economic system since the 1980s?
A)There has been a shift from market-based economies to centrally planned economies.
B)There has been a shift away from a mixed economy.
C)Many states have restricted the sale of state-owned businesses to private investors.
D)The competition between economies has been reducing.
E)The extent to which property rights are protected has declined.

Question

Quizplus · Accepted Answer

Since the 1980s, there has been a shift towards more market-oriented economies, with many countries moving away from mixed economies that had significant state intervention. This includes privatization and deregulation efforts.

Which of the Following Statements Is True About the Changing