What kind of economic system does a socialist country have?
Distributive
Free-Market system
Mixed
Planned
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a socialist country are
✓mixed
✓planned
✓distributive
but a socialist country doesn't have ✓free market system
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✓mixed
✓planned
✓distributive
but a socialist country doesn't have ✓free market system
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PLEASE MARK THIS ANSWER AS BRAINLIEST... ☺☺
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The answer is Mixed.
A mixed system is a type of system that mixes different economic features of socialism and capitalism.
A mixed system helps in protecting private property and can be useful for maintaining certain levels of economic freedom. It can also allow governments to infringe on economic activities so that social aims can be realised.
As per the neoclassical theory, mixed economies may be less helpful than free market economy.However, advocates of mixed system opine that the base conditions like rational market participants and equal information is not possible in practical cases.
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