Answer:
a valid use of power based on Article II of the Constitution
Explanation:
President Nixon issued the executive order in order to control the inflation. The order was given to freeze the wages earned by the people and the prices of the product for ninety days. It was intended that the initiative would enhance the job opportunity and decrease the inflation of the country. The prices, rents, wages and the salaries were stabilized for ninety days. The executive power gives the power to execute and enforce laws. By making the use of the executive powers, President Nixon made the valid use of power as per mentioned in Article II of the Constitution.
<u>Mixed Economy:</u>
The mixed economy in economics cohabits with the government's intervention in the market systems of allocating resources, trade, and commerce.
When a government gets involved to undermine free markets through the establishment of state-owned companies (such as public healthcare or education), legislation, incentives, tariffs, and taxation policies, it may create a mixed economy.
It is structured among true capitalism and true socialism, with a certain number of free-market components and social democratic elements. It is the combination of the aspects of capitalism and socialism.
Mixed economies generally preserve private control and ownership over most production processes but often regulated by the state. These type of economies are socializing industries which are considered essential.
Even if some economists question the economic consequences of different mixed modes of economics, they are all common in historical and contemporary economies.
Limits on U.S. and Soviet weapons (hence the title "Strategic Arms Limitation")
