In a economy, most businesses are privately owned, but the government regulates utilities, builds roads and bridges, and provides public services, such as bus transportation.

a.

market

b.

planned

c.

mixed

d.

traditional

The answer is A. Market economy is a type of economy that has it prices of commodities determined solely by the rules of supply and demand. The government only intervene to regulate the market by protecting private ownership of goods, safeguarding social welfare, and to provide public goods and services and planning. The opposite of a market economy is a planned economy where all aspects of the economy are controlled by a single organizational body usually the government.

The answer is C - mixed

Explanation:

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