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yes mixed economy is more reliable in a mixed economy we get both the public as well as private players.on the other hand planned economy doesn't allow such freedom.mixed economy private companies are under restrictions of the government and there working is on check.
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What are other names for a planned economy?
In Continental Europe, the term "social market economy" or "Rhine capitalism" is generally used to refer to the mixed-market economic models used by those countries. In the United States, United Kingdom, Canada and Australia, the type of capitalism is sometimes called the "Anglo-Saxon model", which is a type of mixed economy skewed more toward free-markets than the Continental European model of capitalist mixed economy. The modern economic model in the People's Republic of China is considered to be a mixed-market economy. Officially, the name for this system is a "socialist market economy", but economists usually label it "state capitalism" instead.
Would you expect new and better machinery and equipment to be adopted more rapidly in a market economy or in a centrally planned economy?
Market economy
How does the government participate in a mixed economy?
A mixed economy is an economy in which can be private and/or public, in other words the Government don't interfere with the decisions the public has to make. In a mixed economy the public decides production, distribution and other types of economic activities. A mixed economy is run controlled both by the Government as well as private owners; in a capital economy anybody can buy a share or trade, whereas at times the Government may condemn this action. One country which is considered to have a mixed economy is the United States. --Sura :D
What are the advantage of mixed economy in Malaysia?
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.
What type of an economic system is Venezuela?
Venezuela has a more communist than capital economy.
What is the difference between a market economy and a mixed economy?
In a mixed economy, there are more government regulations.
What are other names for a planned economy?
In Continental Europe, the term "social market economy" or "Rhine capitalism" is generally used to refer to the mixed-market economic models used by those countries. In the United States, United Kingdom, Canada and Australia, the type of capitalism is sometimes called the "Anglo-Saxon model", which is a type of mixed economy skewed more toward free-markets than the Continental European model of capitalist mixed economy. The modern economic model in the People's Republic of China is considered to be a mixed-market economy. Officially, the name for this system is a "socialist market economy", but economists usually label it "state capitalism" instead.
Would you expect new and better machinery and equipment to be adopted more rapidly in a market economy or in a centrally planned economy?
Market economy
What type of economy does India use?
mixed type of economy sustains in or amongst the geographical boundries of Inida Correction: Mixed is NOT a type of economy, India has a Market economy. To make it more simpler, my social study teacher said its mixed Traditional/ market
The mixed economy of Australia is becoming more of a market economy as fewer economic decisions are made by?
the government.
What is the UK financial system?
The type of financial system that the UK has is called a mixed economy. The mixed economy financial system focuses more on market-based economies.
Is Brazil a market tradtitional or mixed economy?
Well, let me think about i. yes it is but it is market more then mixed ecomy
What is a examle of a mixed economy?
A national economy with more than 1 currency. i.e: Greece; the Euro and the drakmah
What is a mixed economy a mix of?
A national economy with more than 1 currency. i.e: Greece; the Euro and the drakmah
What are the implications of a mixed economy?
A mixed economy is an economic system that incorporates aspects of more than one economic system. It will usually contain state and privately owned enterprises.
What does characterized by more government ownership and central planning mean?
mixed economy
Is Great Britain a mixed economy?
yes great Britain has mixed economy(more in past than now). The economy is mixed because business are allowed to decide how they control their finances and transport is owned by coropations but services like health care and education are paid for by the government.
