select the correct answer. linda owns a successful clothing store. she wants to expand her business by…

select the correct answer. linda owns a successful clothing store. she wants to expand her business by starting another store. but she cannot do so because the government allows a person to own only one store. which type of economy does this scenario describe? a. traditional economy b. mixed economy c. communist economy d. market economy

select the correct answer. linda owns a successful clothing store. she wants to expand her business by starting another store. but she cannot do so because the government allows a person to own only one store. which type of economy does this scenario describe? a. traditional economy b. mixed economy c. communist economy d. market economy

Answer

Brief Explanations:

In a communist economy, the government has significant control over economic activities, including restrictions on business - ownership. Here, the government's limit on the number of stores a person can own is characteristic of a communist economy's control over private enterprise. Traditional economies are based on customs and traditions, mixed economies have a blend of government and private - sector influence, and market economies have less government intervention in business expansion.

Answer:

C. communist economy