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Who owns and controls the factors of production in a mixed economy?
Wiki User
∙ 10y ago
both the government and private sectors
Wiki User
∙ 10y ago
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Who controls a mixed economy?
The state controls a mixed economy!
What is a system in which individuals own factors of production and make economic decisions?
mixed economy
An economy that exhibits elements of both capitalism and socialism?
None, as capitalism (classes, production for profit) and Socialism (no classes, production for use) are incompatible.
Economic problems for 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?.
What is a mixed economy?
A mixed economy is a system, where private and public enterprise are combined.
Who controls a mixed economy?
The state controls a mixed economy!
What is a system in which individuals own factors of production and make economic decisions?
mixed economy
An economy that exhibits elements of both capitalism and socialism?
None, as capitalism (classes, production for profit) and Socialism (no classes, production for use) are incompatible.
Economic problems for 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?.
Why does North Korea have a mixed economy?
North Korea does not have a mixed economy. It has a command economy or centrally planned economy because the government controls everything in north Korea.
What is a mixed economy?
A mixed economy is a system, where private and public enterprise are combined.
What is the economy of the US called?
Mixed Economy
What is the difference a free market economy and a mixed economy?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
What type of economy do the US have?
Capitalist: wages system, production for sale, class ownership of the means of production.
Is the economy of Mexico agricultural or industrial?
It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
What is the difference between the mixed market economy and the pure market economy?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
