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Q: Why are most modern economies referred to as mixed economy?
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Why are most modern economies referred as mixed economies?

poverty is always higest in countries with market economies


Is this a mixed economy?

i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks i mean, what are some Mixed Economies and is it the most popular type economy in the world? Thanks


Where can one find information on a mixed economy?

Almost all modern economies can be considered "mixed economies" in some sense, even that of the United States. Any economics textbook, or class, should be able to provide further information on the concept of a mixed economy, and the advantages and disadvantages of same.


Why are most economies referred to as mixed economies?

poverty is always higest in countries with market economies


What are the features of a mixed economy?

A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.


Why more modern economists are mixed economies elaborate?

Most mixed economies can be described as market economies with strong regulatory.


What is a mixed economy based on?

A mixed economy is based on several different types of economies. For example the mixed American economy is a combination of socialism and capitalism.


What 2 economies make up a mixed economy?

command and market economy


What combines elements of the command and market economies?

mixed economy


What does it mean to have a mixed economy?

you have a combination of command and market economies


Capitalistic economy of India?

No. India is a mixed economy , a combination of capitalistic and socialistic economies


Is a mixed economy the same as a market economy?

No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.