Why are the economies of some Southeast Asian nations growing so quickly?

A. They all practice a traditional economy.

B. They use a command economy with central governmental control.

C. They have a mixed economy dominated by markets.

D. They have a free-market economy that benefits everyone.

Question

Social Studies

Gillian Hodges

5 March, 00:16

Why are the economies of some Southeast Asian nations growing so quickly?

A. They all practice a traditional economy.

B. They use a command economy with central governmental control.

C. They have a mixed economy dominated by markets.

D. They have a free-market economy that benefits everyone.

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Answers (1)

Know the Answer?

Kenzie · Answer 1

C. Southeast Asian nations have a mixed economy dominated by markets.

Explanation:

Southeast Asian countries experience a mixed economy with the private and public sectors contributing to the economic growth while the government through its legislature offers little interference. Southeast Asian has always been part of the global trading system since the time of traditional economy until now.

The economy also employs free-markets policy especially the open trade markets. Major contributions to the economy are manufacturing industry through its various sectors. In addition, agriculture, modern industries, hi-tech goods and automobile plants also contribute a great deal towards the economy.

Why are the economies of some Southeast Asian nations growing so quickly?A. They all practice a traditional economy.B. They use a command economy with central governmental control.C. They have a mixed economy dominated by markets.D. They have a free-market economy that benefits everyone.

Why are the economies of some Southeast Asian nations growing so quickly?

A. They all practice a traditional economy.

B. They use a command economy with central governmental control.

C. They have a mixed economy dominated by markets.

D. They have a free-market economy that benefits everyone.