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Advantages are: * People can make there own decisions * The government has limited control which is good for structure * Provides freedoms such as: Enterprise ownership, Social Welfare, Profit Earnings, Political Freedom. * All national resources are utilized under mixed economy. * It will active government support and direction.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoMalaysia uses a mixed economy so as to be able to incorporate both private business and the government. This has proved to be more effective for the country's economic growth.
Wiki User
∙ 14y agoThere is both a free market capitalist system in place with a certain degree of government control, characteristic of a planned economy.
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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
Is Spain a market economy command economy or mixed?
mixed economy
Why does ireland have a mixed economy?
Ireland's economy is a mixed economy! (:
What is a mixed economy continuum?
something to do with mixed economy
Does Malaysia is a mixed economy country and what are the examples if it a mixed economy?
It is a mixed economy because we pay taxes
Advantage working as radiographer in Malaysia?
advantage and disadvantage as radiographer in Malaysia
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
Why does ireland have a mixed economy?
Ireland's economy is a mixed economy! (:
Is Spain a market economy command economy or mixed?
mixed economy
What is a mixed economy continuum?
something to do with mixed economy
What to produce mixed economy?
You should produce mixed goods in a mixed economy.
What to produce in mixed economy?
You should produce mixed goods in a mixed economy.
Is the US a market or mixed economy?
The U.S is a mixed economy
Is Jamaica has unplanned unplanned or mixed economy?
it has a mixed economy
