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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 is the 5 characteristics of the US economy?

Mixed economy Consumer sovereignty Competition Private property Free market


What type of economy does the United States have?

The economy of the United States is a mixed economy.


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

mixed market


Is American a mixed economy or is it a market economy?

U.S.A is a Market Economy Canada is a Mixed Economy Whoo Hoo!


What is the difference between market economy and mixed economy?

The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy


Is Spain a market economy command economy or mixed?

mixed economy


What do you call an economy that is both partly command and market?

When an economy is partly command and partly market, is called a mixed economy.


Is the US a market or mixed economy?

The U.S is a mixed economy


Is Ecuador a market command or mixed economy?

It is a Mixed Economy


What type of economic system does Tunisia have?

Algeria has a mixed economy that is slightly closer to command than market


Is turkey a market economy or command economy?

mixed market