An Economy with Both a Private and Public Sector Is

question 27

Multiple Choice

An economy with both a private and public sector is called:

• A)a mixed economy.
• B)a private economy.
• C)a command economy.
• D)none of the above.

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Definitions:

Autonomous

The capacity to make an informed, uncoerced decision independently.

Moral Development

The growth of an individual's understanding of right and wrong, including the formation of ethical and moral beliefs throughout life.

Piaget

A Swiss psychologist known for his pioneering work on children's cognitive development, proposing stages through which children progress as they grow.

Kohlberg

Referring to Lawrence Kohlberg, a psychologist known for his theory of moral development which is based on the concept of moral reasoning.