A Mixed System Is an Economy with Only Private Industries

question 59

True/False

A mixed system is an economy with only private industries.

---

Definitions:

Hourly Wage

A rate an employer agrees to pay a worker for each hour worked.

Federal Budget Deficit

The gap between what the U.S. government spends and what it collects in revenues over a fiscal year, leading to borrowing to cover the shortfall.

Cheap Land

Refers to land that is available for purchase at a relatively low cost, often due to location, quality, or other factors affecting its desirability.

Immigration

The act of moving to a foreign country to live permanently.