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Q: Advantages and Disadvantages of the Mixed Economy in Canada?
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How do I describe a mixed economy?

A mixed economy is a system that combines characteristics of market, command, and traditional economies. It benefits from the advantages of all three while also experiencing some of the disadvantages.


What type does Canada have?

Canada has a mixed economy


Is American a mixed economy or is it a market economy?

U.S.A is a Market Economy Canada is a Mixed Economy Whoo Hoo!


Which type of economy exists in Canada?

The U.S. and Canada have a free market economy.


What 2 type of economy does Canada have?

Mixed economy and market economy


Is Canada a mixed economy?

yes


What kind of economy is in place in Canada?

A mixed market economy


What are the limitations of mixed economic system?

Mixed economies come with some disadvantages that include it being hard to know how much government should control. Government borrowing is a disadvantage along with merchants having tax rates that are too high.


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.


What are the disadvantages of mixed economy in Nigeria?

The disadvantages of the mixed economy in Nigeria is that some unscrupulous businessmen are evading taxes. They import some goods which pose a danger to the locally produced goods.


What countries practice a mixed economy?

The United States, United Kingdom, and Canada are among the countries that have a mixed economy. A mixed economy is practiced in Japan and Australia.


What type of economic system does Canada have?

Canada has a mixed economymixed economy