Which of the following statements most accurately describes the economy that exists in Hong Kong? It is a command economy controlled by the Chinese government. It is a traditional economy in which bartering is the main way people conduct trade. It is mostly a free market economy with few government regulations. It is a mixed market economy with government involvement in many industries.

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02-04-2015
History

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Which of the following statements most accurately describes the economy that exists in Hong Kong? It is a command economy controlled by the Chinese government. It is a traditional economy in which bartering is the main way people conduct trade. It is mostly a free market economy with few government regulations. It is a mixed market economy with government involvement in many industries.

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HistoryGuyidn HistoryGuyidn · Answer 1 · 2015-04-07T13:58:07-04:00

HistoryGuyidn HistoryGuyidn

07-04-2015

"It is mostly a free market economy with few government regulations" is correct. Hong Kong actually has one of the freest economies in the world, where individual banks set their own interest rates.

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Анонимidn Анонимidn · Answer 2 · 2015-04-07T15:12:47-04:00

Анонимidn Анонимidn

07-04-2015

The statement that most accurately describes the economy controlled by the Chinese Government is "It is mostly a free market economy with few government regulations.

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