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disadvantages of mixed economy

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2012-02-05 16:24:31
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What are the disadvantages of mixed economy in Nigeria?

The disadvantages of the mixed economy in Nigeria is that some unscrupulous businessmen are evading taxes. They import some goods which pose a danger to the locally produced goods.


Disadvantages of mixed economy in South Africa?

The disadvantages of a mixed economy in South Africa include the potential for favoritism and focusing production on things that are good for society instead of what's best for the economy. Advantages of this kind of economy include a balance between individuals and the common good.


Advantages and disadvantages of south Africa's mixed economy?

The advantages South Africa's mixed economy include the proper distribution of wealth and income. The disadvantages are lack of proper regulations since it is inclined more towards the free market side.


How do I describe a mixed economy?

A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.


Is mixed economy Ireland's economy?

Ireland's economy is a mixed economy! (:


Is Canada a Mixed Economy or is it a Market Economy?

mixed economy


What type of economy does the United States have?

The economy of the United States is a mixed economy.


What is the difference between market economy and mixed economy?

No important differences: both are forms of capitalism.


Is Argentina a market economy a command economy or is it a mixed economy?

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What is the economy of the U.S. often called?

Mixed Economy


Is Spain a market economy command economy or mixed?

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What are some disadvantages of centrally planned economies?

disadvantages of command economy,Command economy,Command economy disadvantages

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