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What is the role of government in a mixed economy system?

Updated: 9/17/2019
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Q: What is the role of government in a mixed economy system?
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What is the role of government in a mixed economy like nigeria?

mixed economy


What type of economy is the American economy?

Mixed Economy which means free market system but government still has limited role


Who is the father of the mixed economy?

John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.


What Mixed economy?

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.


What mixed market economy?

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.


What is a mixed-market economy?

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.


What is a Mixed-market?

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.


Is America socialist?

The United States is not an example of a socialist country. The economy of the USA can be said to be a mixed economy that favors private enterprise. It is a mixed economy because the Federal government and the Federal Reserve System it created does play a significant role in the economy. But not significant enough to stray too far from a private enterprise nation.


Consumers role in a mixed economy?

what is the role of a consumer in a mixed econmoy


What role do you think the government should play in the economy?

No role the government should play.


What is the government's role in the economy?

This answer is that the governments role is very little


How did John Maynard Keynes view government's role in the economy?

He advocated a strong role of govt. in managing the economy...