1 year ago

What is the role of a government in a mixed econimy

Geography

1 answer:

Grace [21]1 year ago

7 0

The role of a government in a mixed economy is to provide regulation for the business practice in the economy.

<h3>What is a mixed economy?</h3>

This refers to the economy system in which there is a blend of economic systems in which individuals and the government share in the decision-making process.

Because of the structure, the mixed economy is a mixture of the capitalism and socialism economic system where people and government are actively involved in the system.

Therefore, the role of a government in a mixed economy is to provide regulation for the business practice in the economy.

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