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what are some advantages of a mixed economy?
11-19-2012, 03:07 AM
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teeny-tinystove673 Offline
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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.
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[] - teeny-tinystove673 - 11-19-2012 03:07 AM

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