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Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
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 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.
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
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 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.
Is the economy of Mexico agricultural or industrial?
It is a mixed economy, but industrial production has outpaced agricultural production since 40 years ago.
What type of economy do the US have?
Capitalist: wages system, production for sale, class ownership of the means of production.
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.
“ What is the difference between a pure market economy and a mixed-market economy “?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
Is the economy of the US called?
Mixed Economy
