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The concept of a mixed economy was first envisaged in the early 20th century, particularly during the 1930s, as a response to the limitations of both capitalism and socialism. It combines elements of both market-driven and planned economies, aiming to leverage the efficiency of markets while providing for social welfare through government intervention. This approach gained prominence with the work of economists like John Maynard Keynes, who advocated for a balanced role of the state in economic activities.
What else can I help you with?
What economy does the US have?
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
Why is the Canadian economy identified as a mixed market economy?
Why did Canada choose a mixed economy? 1980 US president, Ronald Reagan, supported less government in the economy to reduce government spending and regulation of corporations. Canadian prime minister, Brian Mulroney, fallowed Reagan's example and fought for the shift right (less government involvement in the economy) in the economy in 1984. Ever since than there has been shift lefts and shift rights everywhere. therefore, Canada is a Mixed economy :)
What type of economy does Nicaragua have?
They have a mixed, (largely Unionized) economy. Their form of Government was started in 1995 and at that time became a Constitutional Democracy form of government. It should be pointed out that this is not the same as the Constitutonal Republic of the United States. I hope this helps
What is going to happen with this economy?
the united states economy is in a deppression but it will recover over time
The advantages and disadvantages of mixed economy?
Some advantages include:It mixes the benefits of capitalist nature of private companies and socialist nature of the government.Looks to balance economic growth of the economy and incomeMixed economy allows individuals to run their business and make profits but contribute towards society.Some disadvantages include:Goods and services are produced to benefit the society rather then to benefit the economy.Favoritism and bureaucratic nature are prevalent in a mixed economy.For more information, please refer to the related link.
What economy does the US have?
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
Why is the Canadian economy identified as a mixed market economy?
Why did Canada choose a mixed economy? 1980 US president, Ronald Reagan, supported less government in the economy to reduce government spending and regulation of corporations. Canadian prime minister, Brian Mulroney, fallowed Reagan's example and fought for the shift right (less government involvement in the economy) in the economy in 1984. Ever since than there has been shift lefts and shift rights everywhere. therefore, Canada is a Mixed economy :)
How is the economy in Morocco?
Morocco doesnt have a economy as it is a medieval war time country filled with barbaric people who beat eachothers heads in with rocks and the money system doesnt work as in one part of the country they use diffrent money.
The first mixed breed dog?
i think it was some time when man was made
What type of economy does Nicaragua have?
They have a mixed, (largely Unionized) economy. Their form of Government was started in 1995 and at that time became a Constitutional Democracy form of government. It should be pointed out that this is not the same as the Constitutonal Republic of the United States. I hope this helps
Who mixed ice cream flavors for the first time?
I actually mixed vanilla and fudge and it tasted like chocolate. I have also tried chocolate mixed with vanilla and strawberry, it looks weird... BUT tastes good :)
During what year did us economy reach full capacity for the first time in many years?
1866
What would it cost to travel to Zimbabwe on Delta Airlines roundtrip?
It would depend where you are flying from and if you are travelling, Economy, Economy Plus or First Class (Business Elite). It would also depend on the time of year.
What function does an rc exavator perform?
remote control exavator is what rc exavator stands for first of all. What an rc exavator does is it is envisaged that over time lessons will be drawn upon and incorporated into this job description from mutually agreed mechanisms is what I found online, which doesn't seem to make a whole lot of sense but there it is.
First person to have a mixed child?
Because couples of different races have been having children for thousands of year, no one knows who was the first. At the time, no one even cared.
What type of economy does Jordan?
a type of economy that is very sincitiv in a matter of time
Why most countries are on a continuum between pure market and pure command?
A pure market economy invites abuse by plutocrats, and a pure command economy invites abuse by dictators; neither system in its pure form has a history of working successfully over any significant length of time. The mixed form allows for some opportunity to correct the problems of each system. Of course, with most economies of the world struggling at the present time (late 2011) one might argue that the mixed system hasn't worked too well, either. It may be that the human race has not yet figured out a good way to manage an economy.
