What are the pros of a mixed market economy for most citizens? CHECK ALL THAT APPLY. The government provides most basic necessit

Question

2 years ago

9

What are the pros of a mixed market economy for most citizens? CHECK ALL THAT APPLY. The government provides most basic necessit

ies for citizens. There is a great deal of independence and personal choice. There may be less of a gap between rich and poor people. The government cannot dictate which jobs citizens hold. There may be greater opportunity to become wealthy. The economic system works to promote equality.

History

2 answers:

mel-nik [20] · Answer 1 · 2022-07-01T20:50:00+03:00

mel-nik [20]2 years ago

7 0

Answer:

Answer:

There is a great deal of independence and personal choice.

The government cannot dictate which jobs citizens hold.

There may be greater opportunity to become wealthy.

Explanation:

Kitty [74] · Answer 2 · 2022-07-01T19:38:18+03:00

Answer:

There is a great deal of independence and personal choice.
The government cannot dictate which jobs citizens hold.
There may be greater opportunity to become wealthy.

Explanation:

A Market Economy is one where the Government has minimal influence and the conditions in the market are mostly determined by the rules of Supply and Demand. In such an economy, people are generally free to engage in the business that they want to meaning that they have independence and there personal choice is taken into account.

The Government with its minimal influence, cannot dictate which jobs its citizens hold as it is the citizens' choice what jobs and businesses to get themselves involved in.

There is also a greater opportunity to be wealthy as there is independence of enterprise. As the market is not Government controlled, one can engage in profitable business opportunities for themselves and take home the profits made instead of giving it to the Government.