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where the functions of both capitalism and socialism are present,that is called mixed economy.

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14y ago

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A mixed economy is a combination of which of the following economic systems?

Free-market and command


The Four economic systems?

There are four major types of economic systems. This includes the mixed economy, traditional economy, command economy, and market economy.


What economic systems does US use?

The US of A has a mixed economy - a combination of market economy and command economy.


What are the 4 economic systems?

The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.


What are the 4 main types of economic systems?

the 4 main types of economic systems are: a market economy, a mixed economy, a planed economy, and a traditional economy


What are three main economic systems?

market economy planed economy mixed economy


What are the three kinds of economic systems?

Market economy,traditional economy,command economy and mixed economy


The US economy is a mixture of which two economic systems?

Mixed and market


A mixed economy combines elements of which two economic systems?

Market and command


What type of economic systems do South Africa and Nigeria have?

South Africa - Traditional economy Nigeria - Mixed economy


A mixed economy is a combination of which of the economic system?

Free-market and command


In what ways are the three economic systems alike what are the major differences?

The three economic systems are the command economy, the free-market economy, and the mixed economy; they are all the same because they refer to the production and circulation of goods and services. In the command economy all resources are owned by the government, in the free market economy all resources are owned privately, in the mixed economy resources are owned by both.