canada's mixed economic system is 78% what?
A command
B traditional
C free market
D mixed
D mixed
Canada's mixed economic system is composed of several elements, including a combination of both free market principles and government intervention. However, it is not accurate to say that Canada's mixed economic system is 78% any specific component. The percentage breakdown of different elements may vary over time and can be subject to interpretation.
To determine the answer, we need to understand the composition of Canada's mixed economic system.
A mixed economic system combines elements of both command economy and market economy. In a command economy, the government has significant control over the allocation of resources and production decisions. In a market economy, economic activities are primarily determined by market forces such as supply and demand.
In the case of Canada's mixed economic system, it incorporates elements of both command and market economies. However, Canada is known to have a predominantly market-oriented economic system.
Therefore, the correct answer is C) free market.