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Why did Canada choose a mixed economy?

1980 US president, Ronald Reagan, supported less government in the economy to reduce government spending and regulation of corporations. Canadian prime minister, Brian Mulroney, fallowed Reagan's example and fought for the shift right (less government involvement in the economy) in the economy in 1984. Ever since than there has been shift lefts and shift rights everywhere. therefore, Canada is a Mixed economy :)

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Wiki User

12y ago
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Wiki User

12y ago

it is mixed market because it combines the traits of a command and market economy. Canadian govt. does intervene in commerce like in a command economy but does not take full control of economic desicions like true comman economy. it lets people own private enterprises and leave the economy alone for a majority of the time like market economies

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paulbenn

Lvl 13
10mo ago

A market economy with plenty of government interference and subsidies. So capitalist

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Wiki User

15y ago

mixed economy

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Q: Why is the Canadian economy identified as a mixed market economy?
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