Canada and the United States both have _____ economies. A. mixed
B. market
C. command
D. traditional
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Canada and the United States both have _____ economies. A. mixed
B. market
C. command
D. traditional
The correct answer is A. mixed.
Both Canada and the United States have mixed economies, which means they incorporate elements of both capitalism (market economies) and government intervention (command economies). In these economies, private individuals and businesses own and operate most resources, but the government also plays a significant role in regulating economic activity and providing public services.