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As long as a government (local, state or national) taxes its businesses and households, there will be a mixed economy.
What else can I help you with?
Why do most countries have a mixed economy?
Most economies in the world are mixed to some extent; there is not a single nation with a complete free market economy lacking government intervention at all. It also means it has a market economy, but there are certain key industries controlled by the government. One instance is Mexico, where most businesses are privately-owned, being the only exception the oil and electricity industries, which are government-owned.
What are some similarities between command and mixed economies?
Mixed and command both are part of the hipo urine family and sell goods with small governmental groups
Can there be a middle economic way between capitalism and communism or capitalism and socialism?
No. Capitalism means a tiny class of capitalists own the means of production, most people have to work for wages, and production takes place for sale at a profit. Socialism and Communism are the same: the means of production belong to everyone and production takes place to meet human need.
What continent has most developing countries?
Africa has the most developing countries.
How did india affect other countries through asia-?
India developed trade with China and opened up their economies to the world.
Why are most economies refered to as mixed economies?
poverty is always higest in countries with market economies
Why are most economies referred to as mixed economies?
poverty is always higest in countries with market economies
Why is it that most African countries adopt mixed economic system?
all countries have mixed economies
Why are most modern economies referred as mixed economies?
poverty is always higest in countries with market economies
What type of economic system do most countries have?
Most countries today have a mixed economic system. This means that they combine elements of both market economies (where prices and production are determined by supply and demand) and planned economies (where the government controls production and prices).
Most economies have what economists call?
mixed economies
Why more modern economists are mixed economies elaborate?
Most mixed economies can be described as market economies with strong regulatory.
Most economies today are economies?
all economies today are actually (mixed)
Why do most countries operate somewhere between a command and market economy?
Nearly all modern economies in the world today have characteristics of both market and command economic systems. That is why they are called mixed economies. Traditional economies are very hard to find and could not function effectively for a whole nation. Nearly all the countries in Southwest Asia today would best be described as mixed economies, as they have the characteristics of a free market and free enterprise as well as some government planning and control.
Is this a mixed economy?
i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
What countries belongs to pure capitalism?
None. All economies today - with perhaps the exception of some isolated tribes - are mixed economies.
