Ask Question
Today, 03:20

Explain how a mixed economy is a mixture of command and pure market economy.

+3
Answers (1)
  1. Today, 04:41
    0
    A mixed economic system has features of both a command and a free market system. A mixed economy is partly controlled by the government and partly based on the forces of supply and demand. Generally, a mixed economic system involves the public sector and the private sector. There is limited government regulation in a mixed economy, while there is heavy government regulation and control in a command economy.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Explain how a mixed economy is a mixture of command and pure market economy. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers