Mixed ( ͡° ͜ʖ ͡°) Economy
by: Breanna Thomas
Mixed Economy (☞゚ヮ゚)☞ ☜(゚ヮ゚☜)
A Mixed Economy is a combination of market, command and traditional economies .
(A mix of private and public) The United States is a mixed economy because its Constitution protects the requirements of a market economy, including ownership of private property, limitations on government interference, and promoting innovation.
The World?
Most of the world's major economies are now mixed economies. A country's people are best served through international trade - oil from Saudi Arabia and consumer products from China.
Restrictions...?
restrictions are sometimes placed on private mail systems by the mixed economy government. for example, in the USA the USPS enjoys a government monopoly on regular mail/ letters.
money? [̲̅$̲̅(̲̅5̲̅)̲̅$̲̅]
mixed economies encourage the private sector to look for profits and redistribute wealth in order to promote social objectives that maintain an agreeable standard of living for its citizens.
PROS?? (ಠ‿ಠ)
*Mixed economies help create an improve equality and offer safety net that will prevent the people from suffering absolute poverty.
*Mixed economies can enable some government regulation in areas where there is market failure.
CONS?? (ಠ_ಠ)
*Limited growth for large companies, Taxes support economy, Entrepreneurial restraints.
*It can become hard to identify exactly where the government will need to intervene.