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.

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.