I need help write one paragraph explaining how a mixed economy works.

Social Studies

1 answer:

madam [21]3 years ago

8 0

Answer:

mixed economy is a system that combines both capitalism and socialism aspects of the country.

Explanation:

In a mixed economic system the private properties are protected and enough freedom is given to exercise the optimum usage of capital but at the same time it allows the government to interfere or meddle with the various economic activities in the country to maintain or establish different social goals. So in mixed economy private ownership is acknowledged and maintained and control most of the production means but it is often set under the regulations made by the government. Due to globalization most countries across the globe have mixed economies, for example- US and France.

You might be interested in

Why did germany lose half there military to during WW1

barxatty [35]

Answer:

The Treaty of Versailles Punished Defeated Germany With These Provisions. Some disarmed the German military, while others stripped the defeated nation of territory, population and economic resources, and forced it to admit responsibility for the war and agree to pay reparations

4 0

2 years ago

Does krakauer cite any evidence that suggest he knows that his analysis is accurate

charle [14.2K]

No, Krakuer does not cite any evidence regarding his analysis about alex relationship with his father.He believe that alex just got stuck in the middle of conflict between McCandless and the father. But, he is just basing the assumption on the relationship between McCandless and the father without knowing for sure how alex behave to the conflict.

4 0

2 years ago

Businesses are important to a free enterprise system because they:

AysviL [449]

Answer:

want to gain profits

Explanation:

4 0

2 years ago

In 1928 the Soviet Union underwent a forced transformation from an agricultural to an industrial economy under

Shtirlitz [24]

This was the first five year plan-the answer is b.

The five year plan lasted from 1928 to 1932 and it was centered around economic goals specified by the then leader of the Soviet Union, Joseph Stalin. It focused on the industrialisation of the production of food, which before was done by farmers manually

4 0

3 years ago

Why are economists important?

Reika [66]

Answer:

Economists are important because they study a certain resource and figure out how to distribute it to others to get as well.

Explanation:

For example, An Economist might be studying a very scarce resource. This resource is something that is needed in everyday life. What an economist will do is find a way to make sure this resource is available to everyone. They could so this by creating another version of it or a different kind of it to distribute. Then they are helping the economy.

3 0

3 years ago