Answer to Question #209890 in Macroeconomics for Omolemo

Question #209890

What is a mixed economy?



1
Expert's answer
2021-06-24T12:04:15-0400

This is an economic system that contains characteristics of planned and market economy which involves both capitalism and socialism. It consist both private and state businesses and therefore is currently most chosen by modern economies.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS