In a transitional economy, a economy is changing to a mixed-market economy

That statement is True

Transitional economy is used to defined as an economy that previously was centrally planned started to change itself toward market-based economy

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AnShults AnShults · Answer 2 · 2019-12-02T02:34:38-05:00

Answer:

Yes, the statement which is provided is true.

Explanation:

Transitional Economy involves the process of moving from a centrally planned economy to a free market or mixed economy.
It Involves converting state-owned enterprises into private enterprises or can say privatization.
In a Mixed economy, private firms run most of the business and later the government of the particular country intervenes in areas like provision of the regulation legal right to private property and public services which include waste control, health care, and education.