In a transitional economy, a(n) ________ economy is changing to a mixed-market economy.

• A. command
• B. traditional
• C. market
• D. subsistence

Answer: (A)

Verified step by step guidance

1. Understand the types of economic systems: a command economy is one where the government centrally plans and controls economic activity; a traditional economy relies on customs and traditions; a market economy is driven by supply and demand with minimal government intervention; a subsistence economy focuses on self-sufficiency with little trade.
2. Recognize that a transitional economy is one that is moving from one type of economic system to another, often involving significant structural changes.
3. Identify that the question asks which economy is changing to a mixed-market economy, which combines elements of both market and command economies.
4. Recall that historically, many transitional economies have been command economies shifting towards more market-oriented systems.
5. Conclude that the correct term to fill in the blank is 'command' because it best describes an economy moving from centralized control to a mixed-market structure.