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TEA [102]
2 years ago
10

What is the role of the government in a mixed economy?

Social Studies
2 answers:
slega [8]2 years ago
7 0

A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

https://www.investopedia.com/terms/m/mixed-economic-system.asp

mario62 [17]2 years ago
7 0

In a mixed economy model, firms have the autonomy to produce and market goods and services, as occurs in the market system, but the state also has the pre-extension of producing and marketing, as it does in the planned system. Thus, the mixed economy model is a mix between the planned model and the market model. In addition to being able to produce, the state must also act as a regulator of the economic system to ensure that the environment is prone to the development of capitalism. Thus we can say that the role of government in a mixed economy is one of producer and regulator. Almost all capitalist economies are to a greater or lesser extent mixed economies, including the US.

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3 years ago
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2 years ago
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Fantom [35]
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3 years ago
Read 2 more answers
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