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How Is the Canadian Business System Typically Described? A Form of Socialism A Mixed Economy A Form of Capitalism A Form of Communism

Question

How is the Canadian business system typically described? A form of socialism A mixed economy A form of capitalism A form of communism

Solution

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Answer

###B. A mixed economy

Explanation

##Step 1: Understanding the Canadian Economy###Canada's economy combines free market principles with government intervention, including social programs and regulations. This blend of private enterprise and public influence defines a mixed economy.#