Which of the following describes a mixed economy?

A mixed economy is characterized by a combination of both market-driven decisions and government influence. This means that while individuals and businesses have the freedom to make their own economic choices, such as what to produce, how to price goods, and where to invest, the government also plays a significant role in regulating and influencing the economy. This can involve creating laws and regulations to protect consumers, providing public goods and services, and addressing market failures.

In a mixed economy, the coexistence of private and public sectors allows for greater economic stability and growth. The government can intervene to correct inequalities and inefficiencies that may arise in a purely free market system, ensuring a more equitable distribution of resources.

The other options present incomplete or inaccurate representations of economic systems. An economy with no government intervention describes a free market economy, whereas one where buyers and sellers dictate everything also implies minimal to no government influence, which does not capture the essence of a mixed economy. An economy that operates solely on barter suggests a very primitive or localized economic system that lacks the complexity and structure found in modern mixed economies.