Mixed economies come with some disadvantages that include it being hard to know how much government should control. Government borrowing is a disadvantage along with merchants having tax rates that are too high.
disadvantages of mixed economy
The disadvantages of the mixed economy in Nigeria is that some unscrupulous businessmen are evading taxes. They import some goods which pose a danger to the locally produced goods.
The disadvantages of a mixed economy in South Africa include the potential for favoritism and focusing production on things that are good for society instead of what's best for the economy. Advantages of this kind of economy include a balance between individuals and the common good.
The advantages South Africa's mixed economy include the proper distribution of wealth and income. The disadvantages are lack of proper regulations since it is inclined more towards the free market side.
A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.
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
Ireland's economy is a mixed economy! (:
Mixed
mixed economy
disadvantages of command economy,Command economy,Command economy disadvantages
what makes it a mixed economy
something to do with mixed economy