Question

in which type of economy private sector dominate the economic activity​

Answer 1

Answer:

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Explanation:

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. As such, there is no single definition of a mixed economy.] One definition is about a mixture of markets with state interventionism, referring specifically to capitalist market economies with strong regulatory oversight and extensive interventions into markets. The other definition is apolitical in nature, strictly referring to an economy containing a mixture of private enterprise with public enterprise.!

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Answer 2

Mainly in a Market Economy or Capitalist Economy,the private sector is specifically dominant or powerful.

Explanation:

A market economy is an economic system characterized by the determination of various economic or commercial activities such production,consumption,distribution,allocation of factors/inputs of production,optimal appropriation of economic resources etc are determined by the free forces or movements of market supply and demand.A market economy is conceptually or theoretically synonymous with the capitalist economic structure in which the private sector is practically free of any state or government control or regulation and the market price of various goods and services are determined by the free forces of market demand and supply.The government provides almost absolute freedom and autonomy to the private sector entities to control and manipulate the productive mechanism of the economy with minimal administrative regulation.The private sector mostly decides on the optimal production level,employment of factors/inputs of production and utilization of all the productive resources in the economy which again are contingent on the free forces and movements of the law of demand and supply in the market.