Answer:
A mixed market economy is different from other economic systems because it combines both the private individuals and the government as owners and distributors of productive resources.
Explanation:
A mixed market economy is different from other economic systems because it combines both the private individuals and the government as owners and distributors of productive resources. Mixed market economy is an economic system in which both private individuals and the government own, control, distribute and allocate resources to improve living standard of people and country's economic activity. Here, both the private sector and public sector collaborate and channel resources toward economic development.
Other types of economic systems are:
1) Free market economy or Capitalism
2) Planned economy or Socialism
In free market economy is an economic system in which productive resources are owned, controlled and distributed by private individuals. Here, there is no government intervention in economic activity. Due to the presence of competition, producers ensure that their products are of high quality (standardisation of products). Consumers are treated as kings thus, they determine what producers produce. The motive of free market economy is to maximize profits.
Conversely, planned economy is an economic system in which productive resources are owned, controlled, distributed and allocated by the government. Unlike free market economy that maximize profit, the motive of planned economy is to provide essential or basic needs for the people in order to improve their quality of life.
<span>Constitutional Rights, Powers and Duties</span>
I think its C. They sailed across the Atlantic Ocean.
Answer:
In the 1920s people were more optimistic about the future because the economy was growing very fast, many people were enjoying new amenities like a vaccuum cleaner or going to the cinema for the first time, and credit was cheap, including mortgages. Nowadays, people are more pesimistic due to recent economic crisis, stagnation of income for many people, and rising inequality.
In the 1920s, people were also much more socially conservative, to the point that during most of the decade, the sale of alcohol was prohibitied. Nowadays, most people are less conservative and more liberal compared with the 1920s past, being more empathetic towards alternative lifestyles, and diverging opinions.
The Boston Massacre took place on march 05, 1770.
