Question

A mixed market economy tends to exist under a

Answer 1

Correct answer choice is:

B. Democratic government that provides some regulation.

Explanation:

A mixed market economy is an economic regularity in which both the private industry and a standard of state patent (normally in public assistance, security, infrastructure, and essential enterprises) synchronize. All advanced economies are combined where the medians of generation are distributed between the private and public divisions. Also proclaimed a dual economy. A combination of free markets and state interference. This definition of a mixed economy leads to a mixture of market forces with government interference in the frame of regulations, macroeconomic strategies and social benefit intrusions directed at enhancing market outcomes.

Answer 2

A mixed market economy tends to exist under a democratic government that provides some regulation

A mixed market economy can be defined as a market system that combines the characteristics of command, market, and traditional economies.

Further Explanation

In a mixed economy, private properties are well secured and protected; there are also some levels of economic freedom as regards to the use of capital. In a mixed economy, the government is also allowed to regulate economic activities. The government interferes in a mixed economy towards achieving social aims.

However, some of the characteristics of a mixed economy include:

• It promotes co-existence between the private and public sectors
• Government regulate the activities of the private sector
• Individuals and private firm are allowed to own property
• It is a planned economy whose structure depends on the government decision
• The government always put in place some measures to provide social security in a mixed economy.
• It promotes economic freedom; customers are at liberty to buy which commodities they have interest in. That is, they are free to choose.

However, a mixed economy also has some disadvantages and these include:

• There is no freedom for the private sector
• It sometimes leads to unemployment and uncertainties due to the changes in government policies
• It encourages unhealthy market competition.

LEARN MORE:

• A mixed market economy tends to exist under a  brainly.com/question/8303214
• A mixed market economy tends to exist under a brainly.com/question/1832144

KEYWORDS:

• mixed market economy
• government
• private sector
• freedom
• traditional economics
• command economics