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Combines the principles of free choice and government intervention?
Mixed economy
What combines elements of the command and market economies?
mixed economy
Economic problems for a mixed economy?
A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.
A mixed economy combines elements of which two economic systems?
Market and command
System that combines the free market with some government intervention?
Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.
Combines the principles of free choice and government intervention?
Mixed economy
A mixed economy combines combines elements of which two elements?
Market and command
What combines elements of the command and market economies?
mixed economy
A mixed economy combines elements of which two economic systems?
Market and command
Economic problems for a mixed economy?
A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.
System that combines the free market with some government intervention?
Market Economy A market economy is a system in which decisions on production and consumption of goods and services are based entirely on exchange, or trade; The answer to this is Mixed Economy.A mixed economy is a system that combines the free market with some government intervention.
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 South Korea a capitalist?
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
What combines the elements of pure economic systems?
A mixed economy combines elements of traditional, market, and command economic models to answer the three basic economic questions.
Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
What group of players make all of the economic decisions in a freemarket system?
The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.
Was North Korea communism or capitalism during the Cold War?
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
