Question

What is the role of the government in a mixed economy? Use the RACE method to explain your answer

Answer 1

Answer:

Question↓

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

Answer↓

because the government is involved in planning the use of some resources and can exert control over businesses in the private sector. Governments may seek to redistribute wealth by taxing the private sector, and using funds from taxes to promote social objectives.

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