Mixed economy is usually a market and a command economy mixed together. This type of economy is better than others since it has some government regulation but not total regulation. Since market economies are ruled by only consumers and command are only ruled by governments, it can cause a lot of economic problems for both, with businesses and fraud, so having a balanced mix between the two is better. (Sorry i have bad grammar english is not my first language
The informal sector lacks land, capital, and technology, and can be less productive than formal enterprises, however, it can improve individual earnings and add money into the economy. It is the access to the market and power to purchase that can assist the productivity of the informal worker. If products can be sold on a cheaper mass scale to informal workers to use as a resource, this could help improve this sector to be more meaningful.
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The dashed segment of the plotted experiment in the graph in the lesson is called an: Extrapolation.