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the government, while not commanding the economy, is still deeply involved in economic decisions
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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
Why is Australia considered a mixed economy?
One containing features of both capitalism and socialism. Australia is a mixed economy, ... Australia is a mixed economy, with major state-owned enterprises in communications, transport, banking ... too, provides a striking illustration of the transition to a mixed economy ...
What is one economy type?
There are 3 types. Market economy, Planned economy and Mixed economy (most common).
What is the economy of the U.S. often called?
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! (:
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
What does mixed economic system mean?
A mixed economy is when you have some aspects of every single economy traditional, command, and market economies put together in one economy.
What type of government uses a mixed economy?
A type of government is a POLITICAL system, while a mixed economy is an ECONOMIC system. Political and Economic systems are not usually tied to each other, though there are certain exceptions. That is, it is possible for a huge variety of political systems to run on one type of economic system, and (usually) vice versa. More importantly, the choice of a specific political system does not inherently dictate the specific form of economic system, except for a very few cases. In this case, a mixed (market) economy is one of the more broadly-usable ones, which means that it is generally compatibile with practically all forms of government. This is borne out by the fact that over 99% of all countries in the world today use a mixed market economy, despite them having at least a dozen distinctly different types of government.
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.
