Connect with knowledgeable experts and enthusiasts on IDNLearn.com. Join our interactive Q&A community and access a wealth of reliable answers to your most pressing questions.

Which two statements about the US mixed-market system are true?
The government intervenes only to avoid a financial crisis.
The market waits for government approval of production decisions.
Consumers and producers are free to buy and sell as they wish.

Government involvement in economic decisions is limited.


Sagot :

Answer:

Government involvement in economic decisions is limited.

Consumers and producers are free to buy and sell as they wish.

Explanation:

The statemnst about the mixed market system of the US is the intervention of government only to avoid crisis and free hand to consumers and producers for buying and selling.

What do you mean by mixed economy?

The mixed economy refers to an economic system that follows both socialist and capitalist systems the economy where freehand are provided for buying and selling of goods and lack of government interference.

The United States follows a mixed economy system where free-market activities will be conducted and only public enterprises get controlled by the government.

Therefore, options 1 and 3 are correct which states characteristics of the mixed economic system.

Learn more about the mixed economy, here:

https://brainly.com/question/13425598

#SPJ2