answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are the features of a mixed economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is Australia considered a mixed economy?

One containing features of both capitalism and socialism. Australia is a mixed economy, ... Australia is a mixed economy, with major state-owned enterprises in communications, transport, banking ... too, provides a striking illustration of the transition to a mixed economy ...


What are the features of scotlands mixed economy?

Tax,Banking,housing,import and export etc


What are the Main features of industrial policy resolution 1948?

India opted for mixed economy in this policy.


What are the features of Scotland mixed market economy?

Tax,Banking,housing,import and export etc


Is Venezuela a mixed economy?

South America has a mixed economy mainly because of Brazil. Argentina used to be one of the richest nations in the world but then embraced socialism. It is fast becoming a third world country depending totally on agricultural exports. Chile is a question mark. It has features of a first world country but not all features. It has something of a mixed economy but still has a great dependence on its mines.


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?

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


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

Mixed Economy


Why does ireland have a mixed economy?

Ireland's economy is a mixed economy! (:


Is Spain a market economy command economy or mixed?

mixed economy


Does Malaysia is a mixed economy country and what are the examples if it a mixed economy?

It is a mixed economy because we pay taxes


What is a mixed economy continuum?

something to do with mixed economy