What are the limitations of mixed economic system?

Answer 1

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.

Answer 2

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.

Answer 3

disadvantages of mixed economy

Answer 4

high taxation and less incentive to work hard