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What is a Mixed-market?

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Anonymous

14y ago
Updated: 6/22/2023

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.

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Justine Wiegand

Lvl 10
2y ago

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