Linda owns a successful clothing store. She wants to expand her business by starting another store, but she cannot do so because the government allows a person to own only one store. Which type of economy does this scenario describe?
A. traditional economy
B. mixed economy
C. communist economy
D. market economy

Question

Linda owns a successful clothing store. She wants to expand her business by starting another store, but she cannot do so because the government allows a person to own only one store. Which type of economy does this scenario describe? 
A. traditional economy 
B. mixed economy 
C. communist economy 
D. market economy

GinnyAnswer · Answer

The scenario depicts a restriction on business ownership by the government, indicating that it represents a communist economy . In this type of economy, individual ownership is limited, contrasting with market economies where businesses operate freely. Therefore, the correct answer is C. communist economy. ;

Answered by GinnyAnswer | 2025-07-07

Answer (1)

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