Which of the following reflects Brazil's mixed economy?
A.
Most businesses are privately owned, but the government owns most of the oil companies.
B.
The government owns businesses, but banks are privately owned.
C.
There are few entrepreneurs, but the government provides jobs.
D.
The government controls the means of production, but the people create the demand.
The correct answer is A. Most businesses are privately owned, but the government owns most of the oil companies. This reflects Brazil's mixed economy because it combines elements of both private and government ownership.
To determine which option reflects Brazil's mixed economy, let's analyze the characteristics of Brazil's economy and compare them to the options provided.
Brazil's economy is widely recognized as a mixed economy, meaning that it incorporates elements of both free market capitalism and government intervention. In a mixed economy, both private individuals and the government play significant roles in economic activity.
Now, let's evaluate each option:
A. Most businesses are privately owned, but the government owns most of the oil companies.
This option suggests that while most businesses are privately owned, the government has significant ownership of the oil companies. While this demonstrates a mix of private and government ownership, it does not reflect the broader spectrum of Brazil's mixed economy.
B. The government owns businesses, but banks are privately owned.
This option reflects a key characteristic of a mixed economy, where the government owns certain businesses while the banks are privately owned. This arrangement demonstrates a combination of private and government control, which aligns with Brazil's mixed economy.
C. There are few entrepreneurs, but the government provides jobs.
This option does not accurately reflect Brazil's economy. A mixed economy does not necessarily mean that there are few entrepreneurs, and the government providing jobs is not a defining characteristic of a mixed economy.
D. The government controls the means of production, but the people create the demand.
This option suggests that the government has control over the means of production, which is more characteristic of a centrally planned or socialist economy. In a mixed economy, the government typically does not have complete control over the means of production. Additionally, the people creating the demand is a general feature of any economy and does not distinguish a mixed economy.
Based on the analysis, option B best reflects Brazil's mixed economy.