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Which of the following statements regarding mixed economies is true? Group of answer choices Democratic socialism or welfare capitalism is one type of mixed economy
Which of the following statements regarding mixed economies is true? Group of answer choices Democratic socialism or welfare capitalism is one type of mixed economy in which private ownership of some of the means of production is combined with governmental distribution of some essential goods and services and free elections All of the above statements regarding mixed economies are true. A mixed economy combines elements of both capitalism and socialism State capitalism is one type of mixed economy whereby the government is involved in the dealings of privately owned companies, including having a strong role in setting the rules, policies, and objectives of the businesses
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