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Q: What role of government does mixed economic system play?
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What factors caused American business to develop into a mixed economic system rather than some other type of economic system?

The United States is said to have a mixed economy because privately owned businesses and government both play important roles


In the US what role does the government play in the economic system?

the government enforces economic laws and regulations


Centralized economic system?

In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.


What role does the government play in a free enterprise system?

It passes economic laws and regulations


Which roles does the government play in a free enterprise system?

it passes economic laws and regulations


Which role does a government play in a free enterprise system?

it passes economic laws and regulations


Which role does the government play in free enterprise system?

it passes economic laws and regulations


What type of economy do most nations have?

Most nations have mixed economies, where both the government and the private sector play a role in economic decision-making. In these economies, elements of both capitalism and socialism are present.


What does it mean when the US has a mixed economy?

ANSWERNeither the government nor individuals completely control private industry and business.ANSWERboth business and industry make all of the economic rules.The U.S. is said to have a "mixed economy" because both private businesses and government play major roles in the economy.


What role does government play in the free enterprise system?

Enforcing legal regulations to keep employees safe Yw


What role does the government play in free enterprise?

It passes economic laws and regulations


What role does the government play in a free enterprise?

It passes economic laws and regulations