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The economy is allowed to operate with no regulations or government interventions.
Hudson Parisian
Wiki User
∙ 12y agoFeatures of Mixed Economy:
(i) Private and public sector exist side by side. Thus, economic activities are carried out by individuals as well as the government.
(ii) Private and public sectors are required to function in a properly coordinated manner.
(iii) A part from national security, government engages itself in those activities that the private enterprises consider as unprofitable or beyond this reach.
(iv) All basic and heavy industries and other strategic sector of an economy e.g., banking, transport, energy etc. are controlled by the government. Agriculture, consumer goods and other industries trade are left for the private sector.
BASHAR NAWAZ
PhD. Research Scholar
Pondicherry University
Wiki User
∙ 9y agoThe main features of mixed economy is having the government and private owners controlling the economy. The government mainly provides resources and infrastructure while monitoring the economy among other functions.
Wiki User
∙ 15y agoA mixed economy, as opposed to a control (sometimes called a command) economy or a free-market economy, is mildly controlled by the government. How free or controlled an economy is is a subjective decision, and due to the sheer amount of characteristics of an economy, no two mixed economies have the same characteristics. In general, a mixed economy is neither a free-market economy or a command economy because it has only mild government control.
Example: The United States and France are both mixed economies. In both countries, interest rates are decided by the government. But other factors, such as government regulation of business is different between the countries. France's government exhibits a much tighter control over their economy than the United States (eg: environmental, labor, and advertising regulation).
Wiki User
∙ 12y agoone characteristic is the buyers,producers and sellers control all prices.it is ran by three different factors and the supply and demand regulate the economy.
Wiki User
∙ 9y agoA mixed economy means that private businesses and the government influence the economy. A major aspect is that the private sector is responsible for most of the production.
Wiki User
∙ 11y agoone characteristic is the buyers,producers and sellers control all prices.it is ran by three different factors and the supply and demand regulate the economy.
paulbenn
I suppose a mixed economy would be one that had a combination of different economic system, such as capitalism and feudalism.
Wiki User
∙ 13y agoblah blah blah is the answer you seek
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What characteristics of the Canadian economy are most important to a mixed economy?
Help! :(
What best describes the characteristics of a mixed economy?
The economy is allowed to operate with no regulations or government interventions.
What are the characteristics of a mixed economy then analyze with regard to South Africa its efficiency in terms of socioeconomic services?
Efficiency of mixed economy in terms of socio-economic services
What is the 5 characteristics of the US economy?
Mixed economy Consumer sovereignty Competition Private property Free market
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
What type of economy does nigeria operate and why?
characteristics of mixed economy
What characteristics of the Canadian economy are most important to a mixed economy?
Help! :(
What best describes the characteristics of a mixed economy?
The economy is allowed to operate with no regulations or government interventions.
What are the characteristics of a mixed economy then analyze with regard to South Africa its efficiency in terms of socioeconomic services?
Efficiency of mixed economy in terms of socio-economic services
What is the 5 characteristics of the US economy?
Mixed economy Consumer sovereignty Competition Private property Free market
How do I describe a mixed economy?
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
Why is the US economic system called a mixed economy?
The characteristics of a market economy and command economy combine to form a mixed economy. It incorporates elements of both socialism and capitalism. In a mixed economy, state- owned enterprises and privately owned enterprises co-exist. The economic activities in such an economic system are controlled neither by the business entities that comprise market forces nor by the government. In a mixed economy, both of these come together and ensure economic development.
What type of economy does the United States have?
The economy of the United States is a mixed economy.
What is the difference between market economy and mixed economy?
The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy
What is the economy of the U.S. often called?
Mixed Economy
Is Spain a market economy command economy or mixed?
mixed economy
