In a mixed market economy, property owned by an individual is typically:

• A. subject to immediate redistribution
• B. managed exclusively by the government
• C. shared equally among all citizens
• D. protected by laws that guarantee private ownership

Answer: (D)

Verified step by step guidance

1. Understand the concept of a mixed market economy, which combines elements of both free markets and government intervention.
2. Recall that in such economies, private property rights are generally recognized and protected by law, allowing individuals to own and control property.
3. Recognize that immediate redistribution or exclusive government management of property contradicts the principle of private ownership in a mixed market economy.
4. Identify that equal sharing of property among all citizens is more characteristic of a command or socialist economy, not a mixed market economy.
5. Conclude that property owned by an individual in a mixed market economy is protected by laws that guarantee private ownership, ensuring legal rights and protections.