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In a mixed economy The government taxes the people not only for infrastructure expenses such as the army and law enforcement . but also to provide such things as subsidized schooling to children Hospitals, Medicine Age care etc. In a mixed economy there is more of a feeling that the country can be good to the people regardless of their ability to be very successful.
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What are the Main features of industrial policy resolution 1948?
India opted for mixed economy in this policy.
What are three main economic systems?
market economy planed economy mixed economy
What are the 4 main types of economic systems?
the 4 main types of economic systems are: a market economy, a mixed economy, a planed economy, and a traditional economy
What is the industry of Zambia?
Zambia has a weak and mixed economy. Copper is a main product.
Why is Jamaica a mixed economy?
Jamaica's economy is considered to be a mixed economy because in addition to having private sector businesses, it also has state run enterprises. Two of Jamaica's main exports are coffee and sugar.
What are the main features of a mixed economy?
A mixed economy employs features of both Government/Planned economy and a Free market. Thus, it has features of both. It has 2 sectors. Public and Private. The public sector, being the government, takes care of public services that private businesses cannot afford to finance e.g street lighting, public transportation, law and order, public healthcare, defence and the Jusicial system. Their motive is social welfare. The private sector however is owned,controlled and managed by individuals, whose motive is profits. Examples include private owned companies and private schools. Basically, a mixed economy is a free market economy with government intervention thrown in. They control some aspects of the economy while indiviuals control the rest. in a mixed economy ,there is the gain of low general price level which ultimately lead to increased production and which may generate more employment capacity.
What are the main features or characteristics of Rural Economy in India?
The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.
Discuss the main ways which were used by the colonialists to establish colonial economy in African colonies?
ask your modda hahaha
What are the three main types of firms in a mixed economy?
public undertaken join sector private undertaken
What are the objectives of mixed economy?
well firstly in a mixed economy, you hv both private sector and public sector (govt/ State). the MAIN obj of the mixed econmy is the private sector are their for self interest (profit) the public sector is their for the good of the nation hope it helped :)
Discuss the main features of Bronze Age Societies How did these empires decline?
I dont know the answer on yhe contrary i want its answer. Thank you.
What drove china to change to a mixed economy?
China understood by experience that entirely depending on domestic market under government control is not suffice to overall development of its economy. So, even being a communist party led government, they moved towards western model of mixed economy where market is the main arbiter.
