answersLogoWhite

0

A mixed economy combines elements of traditional, market, and command economic models to answer the three basic economic questions.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

In which type of economic system does the government make no economic decisions?

There are several such systems, but the most popular is the laissez-faire system.


Is a capitalist economic system compatible with a democratic political system?

A democratic political system is compatible with any economic system that the majority of the voters like. At the present time we have no pure capitalist systems, we have mixed systems, which include some elements of the free market, and some elements of socialism. Even so, the economy of the US is largely capitalist in nature, and the political system is democratic. These may not be perfectly compatible, but they have functioned together for over 200 years.


What is the function of an economic spectrum char?

An economic spectrum chart visually represents the range of economic systems, from pure capitalism to pure socialism. It helps to categorize and compare different economic models based on their characteristics, such as the degree of government intervention, ownership of resources, and the distribution of wealth. This tool aids policymakers, economists, and students in understanding the complexities of economic systems and their implications for society. By illustrating where a particular economy falls on the spectrum, it facilitates discussions about economic policies and reforms.


What are 3 pure elements that are mixtures?

Pure elements cannot be mixtures.


What are the pure elements on the periodic table?

All the elements from the periodic table can be obtained as pure elements.


Are all elements pure?

No, they can contain impurities.


Is a dog a pure substance?

No, a dog is not a pure substance. A dog is a living organism composed of various cells, tissues, and biological systems, which include a variety of elements and compounds. Pure substances consist of only one type of material, such as elements or compounds, while a dog is a complex mixture of many different biological components.


What is the oxidation number of pure elements?

all the pure elements have zero oxidation state.....


Why are elements called pure?

because the elements are pure so I can says to element 'pure'


How many pure elements are there on the earth?

There are 118 known elements, but the number of pure elements found naturally on Earth is around 90.


Which term are use to identify pure substances?

Pure substance can be identified as either elements or compounds. Some examples of pure substance that are elements are sulfur and tin. Pure substances that are compounds are sugar and salt.


What is the pure substance?

Elements