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all economies today are actually (mixed)
mixed economies
Most mixed economies can be described as market economies with strong regulatory.
poverty is always higest in countries with market economies
i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks
all economies today are actually (mixed)
mixed economies
Most mixed economies can be described as market economies with strong regulatory.
poverty is always higest in countries with market economies
poverty is always higest in countries with market economies
poverty is always higest in countries with market economies
i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks
Nearly all modern economies in the world today have characteristics of both market and command economic systems. That is why they are called mixed economies. Traditional economies are very hard to find and could not function effectively for a whole nation. Nearly all the countries in Southwest Asia today would best be described as mixed economies, as they have the characteristics of a free market and free enterprise as well as some government planning and control.
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
Most nations have mixed economies, where both the government and the private sector play a role in economic decision-making. In these economies, elements of both capitalism and socialism are present.
False
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