Asked in History, Politics & SocietyEconomics
History, Politics & Society
What is a combined economy?
Asked in Brazil
How was Brazil's economy before they started to export?
Asked in Economics, European Union
Is the European Union the best international organisation?
Asked in Economics, History, Politics & Society, India
Is India a mixed economy?
Asked in Cars & Vehicles
Do Ford Focus cars have good fuel economy?
Asked in Planned Economy
Why might a socialist society have a less rigid command economy than a communist socirty?
Asked in New Zealand
What has New Zealand's economy received recent boosts from?
Asked in History, Politics & Society, Economics
What is mixed economic system?
Generally speaking, a mixed economy is one with a large degree of private enterprises combined with governmental programs and laws concerning that are part of a nation's economic system. One example of this is the economy of the United States. Free enterprise powers the US economy, however, the economy of the US is subject to various laws and regulations concerning its economy.
Asked in Economics, United Kingdom, European Union
Whose economy is stronger European Union or United Kingdom?
Why might a country choose to have a mixed economy?
Most countries in the world today operate under a mixed economy because in a mixed economy, one person or the government does not own everything. This means that, for example, if you owned a herd of cows, since it is a mixed economy, you own the herd but you would still have to follow the government regulations. In a command economy, the government controls all production and distribution of goods and services. In a traditional economy, the decisions are based on customs, beliefs, or religion, within a strong social community, and in a market economy, businesses and consumers decide what they will produce or purchase. It's better to have all 3 economies combined into a mixed economy, rather than having only a market economy, a traditional economy, or a command economy.
What is the 2005 Chevy Monte Carlo Supercharged SS fuel economy?
Asked in Ireland
Is Ireland an open or closed economy?
Crossovers With Great Gas Mileage?
Using the Environmental Protection Agency's miles-per-gallon ratings, there are two hybrid Sport Utility Vehicles that have a combined fuel economy of over 30 mpg. The Ford Escape Hybrid gets a combined 32 mpg and has a starting retail price of $30,570. The Lexus RX 450h gets a combined 30 mpg and has a starting retail price of $44,735.