The mixed economy is:

Options

A. presence of subsistence and commercial farmin
B. co-existence of traditional and modern industries
C. a market system of resource allocation, commerce, and trade in which free markets coexist with government intervention
D. presence of domestic and foreign investments

Answer

C

Explanation

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.