Question

What is the key difference between a market economy and mixed market economy​

Answer 1

The statement that is a key difference between market economy and mixed market economy is this: Market economies have no government influence while mixed market economies are loosely regulated by the government. Hope this is the answer that you are looking for.

Answer 2

Answer:

Market Economy:

• No government intervenes in decisions related to economies. private ownership decide for all production.
• Consumers himself decide what should be produced in the economy and he can do this by purchase he made.
• In Market economy prices determined by market forces.

Mixed Economy:

• Most of the world economies preferred a Mixed economy.
• It is a mixture of a command and a market economy.
• The mixed economy is regulated by Government regulations.