Question

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What is a hybrid economy?




a system in which people earn wages and buy the goods and services they choose




a market that relies on the trading of goods and services without the use of money




an economic system that is a combination of both command and market economies




an economic system in which the government or another central administration regulates supply and prices

Answer 1

Answer:

A hybrid economy is any type of local, state, or national economic system that involves a more or less equal focus on two or more different types of economy. This hybrid economy model is a relatively common structure that has been utilized in many different settings over the history of humankind.

Answer 2

Answer:

hi!

Explanation:

A hybrid economy is any type of local, state or national economic system that implies a more or less equal approach in two different economic styles. This is a relatively common structure that has been used in many different environments throughout the history of mankind. Some examples include an economy based on the military industry, an economy based on the university industry or one based primarily on a combination of business and government.

• an economic system that is a combination of both command and market economies