In a mixed economy, the question of what to produce is determined by both market demands and government regulations. The "how" involves a combination of private enterprise and public sector initiatives, utilizing resources efficiently while considering social welfare. For "whom" to produce, goods and services are aimed at both consumers in the market and specific groups that may require government support, ensuring a balance between profit and public interest. This approach seeks to address both economic efficiency and social equity.
A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.
You should produce mixed goods in a mixed economy.
Controlled.
cut diamonds
Controlled.
You should produce mixed goods in a mixed economy.
You should produce mixed goods in a mixed economy.
A mixed economy system is an economy system that combines elements of capitalism and socialism. The economic problems of a mixed economy are ,What to produce?, How should production be organized?, For whom should production take place?.
Controlled.
cut diamonds
Controlled.
Controlled.
Controlled.
In a mixed economy, the decisions regarding what to produce are affected by supply and demand. Producers will strive to make what is on demand so that they can make profits.
In a free market economy, you the owner gets to chose who it is produced by, how it is produced and what is prdouced. In a command economy, the government chooses how it is produced, who it is produced by and what is produced. A mixed economy is mixed with command and free market.
alfred wegner
In a market economy, goods and services are produced for consumers.