Is America a mixed economy

Answer 1

It has a market economy, whereas some strategic industries such as water, oil and electricity are owned by the government. This however, is also changing: recent reforms will allow private investment on them as well and Mexico will become a fully market-oriented economy within the following couple of years.

Answer 2

Mexico is considered a developing country, Emerging Market (EM) or Newly Industrialized Country (NIC), because it has a mixture of traditional, labor-intensive industries, running on part to a high-tech, export-oriented economy. This can be seen in terms of economic sector productivity: Mexico's labor force can be divided into:

• Agriculture: 13.4% - 7.08 million
  
• Industry: 24.1% - 12.75 million
  
• Services: 61.9% - 32.75 million
  

While the actual share of Mexico's GDP (gross domestic product) goes as follows:

• Agriculture: 3.6% - US$80.28 billion
  
• Industry: 32.8% - US$731.44 billion
  
• Services: 63.6% - US$1,418.28 billion
  

This means that 13.4% of Mexico's labor force contributes to only 3.6% of the economy (US$11,388 per worker), while services is more productive (US$43,306 per worker) and industry is almost on-par to developed countries. (US$57,468 per worker). For reference, the country of Portugal -- a developed country in Europe -- has the following productivity: US$15,592 per agriculture worker, US$51,183 per manufacturing worker and US$62,842 per services worker.

Answer 3

No, it is capitalist: class ownership, wage labour, production for sale.

Answer 4

Yes its a cross between capitalism and socialism. Therefore its mixed.

Answer 5

Yes, Mexico is a mixed economy.