Economy, asked by ashvanisoni6820, 1 year ago

In a transitional economy, a ___ economy is changing to a mixed-market economy

Answers

Answered by maryamkincsem
2
The answer to the above fill in the blank is 'centrally planned'

In a transitional economy, a 'centrally planned economy' is changing  to a mixed-market economy.

Transitional economies go through different structural transformations in order to develop market based institutions. An economy is said to be in transition when it is converting from a centrally planned economy to a mixed market economy. 

In simple words economy is changing from being one under control of government to being a market economy.



acebree2019: its command
Answered by topanswers
0

A country with a Transitional economy is involved in the process of shifting from a Centrally planned economy towards a mixed market economy.

Centrally planned economy is also called as Command economy.

A mixed market economy is basically a market economy that has few command elements. Eg. Economy of United States.

Hope it helps. Thank You!

Similar questions
Math, 1 year ago