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In a mixed economy, the government is most likely to control the factors of production in key industries that are essential for national security, public welfare, or economic stability, such as healthcare, education, and public utilities. These sectors often require regulation to ensure equitable access and prevent monopolies. Additionally, the government may intervene in industries prone to market failures, such as transportation and energy, to promote efficiency and protect consumers.

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4mo ago

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What is the type of economy where government controls all industry and production?

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Everything linked to money and production. Firms, taxes are some examples.


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What is an economy that has little government control called?

What is an economy that has little government control called?


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