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What type of economy is the best?

Updated: 7/26/2022
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Wiki User

13y ago

Best Answer

The United States has a mixed economy which has many disadvantages for everyone. Often times the rich keep getting richer and the poor keep getting poorer. The best economy is an Equitable Economy. It is the fairest economy and an economy that rewards workers at all levels of an organization if that organization is successful (much different than a socialist view which distributes equal portion no matter the contribution). Currently people are allowed to steal data from those that are unprotected and it's legal. In an Equitable Economy, every person that contributes data receives a portion relative to what their data contributed to the overall revenue from any venture.

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Mattson

Lvl 3
1y ago
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paulbenn

Lvl 13
1y ago

A Socialist system with no money or prices or wages, hence no economy.

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13y ago

the best economy is mixed

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