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The notion of a mixed economy is not inclusive to capitalist economies - that is, economies structured upon capital accumulation and private, profit-seeking enterprises. Many different proposals for socialist economic systems call for a type of mixed economy, where multiple forms of ownership of the means of production co-exist with each other. For example, Alec Nove's conception of feasible socialism envisioned an economic system based on a combination of state-enterprises for large industries, worker and consumer cooperatives, private enterprises for small-scale operations, and individual enterprise.[20]

Many proposals for market socialism involve a role for both economic planning and market forces in coordinating economic decisions.

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11y ago
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16y ago

== == It's simply bcos the country does not want to be one-controlled by either government or markets,so they choose to collaboratein order to help each other along the way.

There is a veriety of reasons why countries choose the policies they do. Policies are not mutually exclusive - very few policies will not be determined by ideology.

Generally speaking, government intervention is used to correct market failures.

In the more puritan sense...

A communist country, for example China or Cuba, may seek to expand private enterprise to meet consumer demand for items that cannot be planned for effectively.

A capitalist country, for example the UK, may seek to choose to control a key resource to ensure markets can operate effectively.

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13y ago

Because there is both private owned enterprises and state owned enterprises and the government does not intervene on the decisions of enterprises owned by individuals except to govern law and to correct market failures. The product market in this case is determined my the market demand and market supply rather than the decisions of the policy makers.

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11y ago

poverty is always higest in countries with market economies

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15y ago

Ngeria is practicing a mixed economic model.

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Q: Why are most modern economies referred to as mixed economies?
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Why are most modern economies referred to as mixed economy?

idgaf !!


Why are most modern economies referred as mixed economies?

poverty is always higest in countries with market economies


Why are most economies referred to as mixed economies?

poverty is always higest in countries with market economies


Why more modern economists are mixed economies elaborate?

Most mixed economies can be described as market economies with strong regulatory.


Most economies have what economists call?

mixed economies


Most economies today are economies?

all economies today are actually (mixed)


Why are most economies refered to as mixed economies?

poverty is always higest in countries with market economies


Is this a mixed economy?

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


What are the features of a mixed economy?

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.


Why is it that most African countries adopt mixed economic system?

all countries have mixed economies


Why do most countries operate somewhere between a command and market economy?

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.


In most mixed economies what role does the government not fill?

In mixed economies, the government does not own all property or confiscate all economic output (this is a tenet of communism, or communist socialism).