Ivan works for an automobile factory that exports cars around the world.The government manages the factory, and he lives in housing provided by the city. Ivan most likely lives in a closed economy with limited government regulation. C a pure market economy with no government regulation a command economy with heavy government regulation. a mixed market economy with some government regulation.

## Step 1<br />The problem presents a scenario where Ivan works for an automobile factory that exports cars around the world. The government manages the factory, and Ivan lives in housing provided by the city. We are asked to identify the type of economy Ivan most likely lives in.<br /><br />## Step 2<br />The options provided are:<br />A. a closed economy with limited government regulation.<br />B. a pure market economy with no government regulation.<br />C. a command economy with heavy government regulation.<br />D. a mixed market economy with some government regulation.<br /><br />## Step 3<br />We can eliminate options A and B because Ivan's situation involves government regulation and provision of housing, which contradicts the characteristics of a closed economy or a pure market economy.<br /><br />## Step 4<br />Option D, a mixed market economy with some government regulation, could be a possibility. However, the level of government regulation in a mixed market economy can vary greatly, and it is not necessarily heavy.<br /><br />## Step 5<br />Option C, a command economy with heavy government regulation, seems to be the most fitting description for Ivan's situation. In a command economy, the government has significant control over the economy, including the management of factories and the provision of housing.