Which statement best describes a mixed market economy? Consumer intervention in economic choices is strictly forbidden. The government determines economic choices and makes most decisions. The decisions made by producers and consumers drive all economic choices. Producers and consumers make some economic choices while the government makes others.

Market economies range from minimally regulated "free market" and laissez-faire systems where the government makes most choices about the market.

Mixed market economy however, is a combination of both main types of Market economies, in a mixed market economy Producers and consumers make some economic choices while the government makes others.

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ogorwyne ogorwyne · Answer 2 · 2022-02-02T13:03:47+01:00

The statement that best describes the mixed economy is that the

Producers and consumers make some economic choices while the government makes others.

What is a mixed economy?

This is type of market that is made to include some elements of what is a free market and also some elements of government intervention.

In a mixed market, the producers and the consumers make some choices while the government also tries to offer regulations.