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Karley Harber

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3y ago

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Scotland a mixed economy?

Scotland is part of the mixed economy


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.


How Scotland's mixed market economy?

Scotland's mixed market economy combines elements of both free market and government intervention. It features a diverse range of industries, including finance, energy, tourism, and manufacturing. The Scottish government plays a significant role in regulating and supporting sectors such as education and healthcare, while also fostering innovation and economic development. This blend allows for both private enterprise and public welfare, contributing to Scotland's overall economic resilience and growth.


What type of economy does the United States have?

The economy of the United States is a mixed economy.


Is Turkey a market economy a command economy or is it a mixed economy?

mixed market


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!


What is the difference between market economy and mixed economy?

The difference between market economy and mixed economy is that a marked economy is a marked economy and a mixed economy is a mixed economy


Is Spain a market economy command economy or mixed?

mixed economy


What do you call an economy that is both partly command and market?

When an economy is partly command and partly market, is called a mixed economy.


Is the US a market or mixed economy?

The U.S is a mixed economy


Is Ecuador a market command or mixed economy?

It is a Mixed Economy


What type of economic system does Tunisia have?

Algeria has a mixed economy that is slightly closer to command than market