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+--- Thread: what are some advantages of a mixed economy? (/thread-44372.html)
what are some advantages of a mixed economy? - Sam - 11-19-2012 02:58 AM
I need to debate with two other economies and im the mixed economy.
the other two are centrally planned and free market.
im looking for good stuff about my economy and bad stuff about the other two,can u plz help me?
- teeny-tinystove673 - 11-19-2012 03:07 AM
The private sector doesn't have to spend on societal needs because the government does. Things like medicare, social security, infrastructure, and education are spent on by the government. At the same time, competition remains with businesses because of the capitalistic portion of a mixed economy.
With a free market economy, greed and deregulation can be harmful to an overall economy.
With centrally planned, more power is given to the government and away from businesses and the people.