3 years ago

Compare and contrast market economy mixed economy and socialist economy

1 answer:

4 0

Answer:

In a capitalistic society, individuals and businesses aim to earn a profit with the production of their investment and labor in a free market operating largely by supply and demand. Socialism is when the government owns and/or controls productive enterprises. A mixed economy is aspects of both.

Explanation: The United States appears to be moving toward a mixed economy.

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Compare and contrast market economy mixed economy and socialist economy​

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