Discuss the distribution of resources in mixed economy in briefly
Answers
Explanation:
Mixed economies may have a distinct private sector, where resources are allocated primarily by market forces, such as the grocery sector of the UK economy. Mixed economies may also have a distinct public sector, where resources are allocated mainly by government, such as defence, police, and fire services.
In a mixed economy both market forces and government decisions determine which goods and services are produced and how they are distributed. ... The government does not direct the private sector to produce certain goods and services in certain quantities at certain times.
Mixed economies may also have a distinct public sector, where resources are allocated mainly by government, such as defence, police, and fire services. In many sectors, resources are allocated by a combination of markets and panning, such as healthcare and, which have both public and private provision.
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