0
A type of government is a POLITICAL system, while a mixed economy is an ECONOMIC system. Political and Economic systems are not usually tied to each other, though there are certain exceptions. That is, it is possible for a huge variety of political systems to run on one type of economic system, and (usually) vice versa. More importantly, the choice of a specific political system does not inherently dictate the specific form of economic system, except for a very few cases.
In this case, a mixed (market) economy is one of the more broadly-usable ones, which means that it is generally compatibile with practically all forms of government. This is borne out by the fact that over 99% of all countries in the world today use a mixed market economy, despite them having at least a dozen distinctly different types of government.
Jalyn Gottlieb
Add your answer:
Earn +20 pts
What type of government uses command economy?
command
What countries are using the mixed economic system?
Canada uses a mixed economy -
What is the economic system on the US?
The United States uses a mixed free market economy allowing private enterprises to control the economy with minimal interaction from the government. More recently though, the government now owns much larger portions of the economy because of the federal bailouts.
What are the advantage of mixed economy in Malaysia?
Advantages are: * People can make there own decisions * The government has limited control which is good for structure * Provides freedoms such as: Enterprise ownership, Social Welfare, Profit Earnings, Political Freedom. * All national resources are utilized under mixed economy. * It will active government support and direction.
The way the government uses taxes and spending to stabilize the economy is called what?
Fiscal policy is the way the government uses taxes and spending to stabilize the economy. It is based on the theories of British economist John Maynard Keynes, also known as Keynesian economics.
The way the government uses taxes and spending to stabilize the economy is called .?
Fiscal policy is the way the government uses taxes and spending to stabilize the economy. It is based on the theories of British economist John Maynard Keynes, also known as Keynesian Economics.
Does copper mining affect the economy?
Since copper is in demand and is an expensive resource, it can make a good basis for an economy if the government uses it wisely.
When the Federal government uses taxation and spending actions to stimulate the economy it is conducting?
fiscal policy
What is the name of economy with producers freedom?
The type of economy that offers producers freedom is a market system. Individuals control production. A country that uses this type of system is Chile.
A market basket of goods the government uses to measure inflation?
The government uses a market basket of goods to measure inflation. The market basket of goods is a collection of items that are representative of the overall economy. The items in the market basket are weighted based on their importance in the economy. The weights are updated periodically to ensure that they accurately reflect the current economy.
What is mixed faming?
A type of farm that uses a mix of arable and agarian systems is referred to as mixed farming. This type of farming may sometimes be called co-cultivation or inter-cropping.
What are uses of computers in government?
1) Gather statistical information in such areas as society, education, the environment, commerce, and the economy
