Most mixed economies can be described as market economies with strong regulatory.
mixed economies
idgaf !!
all economies today are actually (mixed)
Almost all modern economies can be considered "mixed economies" in some sense, even that of the United States. Any economics textbook, or class, should be able to provide further information on the concept of a mixed economy, and the advantages and disadvantages of same.
poverty is always higest in countries with market economies
mixed economies
poverty is always higest in countries with market economies
idgaf !!
Many economists consider the term "West" to mean Europe and North America. With that said and understanding that there may be another understanding of the question, it can be safely said the economies of the West are so-called mixed economies. This is a combination of privately owned companies and publicly owned or publicly controlled economic sectors.
all economies today are actually (mixed)
Almost all modern economies can be considered "mixed economies" in some sense, even that of the United States. Any economics textbook, or class, should be able to provide further information on the concept of a mixed economy, and the advantages and disadvantages of same.
poverty is always higest in countries with market economies
poverty is always higest in countries with market economies
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.
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
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.
Generally mixed economies generate more wealth than other kinds of economies leading to a higher standard of living