Read the sentence. Akunna is an entrepreneur who lives in a country with a democratic government that encourages innovation, private ownership, and the creation of personal wealth. Which phrase best describes the country where Akunna lives?
Answer
A
a country with a mixed-market economy and a commitment to capitalism
B
a country with a command economy and a commitment to communism
C
a country with a mixed-market economy and a commitment to socialism
D
a country with a mixed-market economy and many command elements
Explanation
Encouraging innovation, private ownership, and the creation of personal wealth are features of capitalism. A democratic country can have a mixed-market economy, combining private economic activity with some government involvement. So the best description is a country with a mixed-market economy and a commitment to capitalism.
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