Mixed economy

Destiny , Toney , Tijonea

Question 6

Mixed economy characteristics

-possess means of products such as farms , factories , etc

-to create organizations to create wealth

-taxes used to collect revenue to pay for state goods/ services

Question 7

Disadvantages of mixed economy

-tend to lean to govt control

-less individual freedom

-less efficient than private

Question 7


-increasing national production

-variety of goods

-more stable when than free market systems

Question 8

We think it is a good place to stay , it offers individual freedoms and a variety of goods.

They will be able to find jobs and a place to live. Most countries with mixed economy have a high standard of living .

Question 9

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Mixed economy - defined