Question

Today all the countries of the World Have more or less adopted the mixed economy.give reason?

Answer 1

*Answer*

Today all the countries of the world have more or less adopted the mixed economy bcz each country as their own significance of economy that inspired to form
Mixed economy’s for good result of progress.

*Explanation*

From each and every country adopt some special features of economy and this is done to build a ideal country by mixed economy from adopting through different countries.

Example Br Ambedkar surveyed different countries and framed the constitution.

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Answer 2

Answer:

The Mixed Economy is a hybrid of capitalism and socialism. The Mixed Economy combines the advantages of capitalism and socialism while avoiding their disadvantages. In a mixed economy, the private and public sectors live harmoniously. The government directs economic activity toward specific socially significant sectors of the economy, and the pricing mechanism determines the balance. The advantages of having a mixed economy are as follows:

• Competition between the public and private sectors occurs in a mixed economy, resulting in increased efficiency and productivity.
• Profits from public-sector firms accrue to the government, reducing income inequality in a mixed economy.
• In a mixed economy, economic activities are meticulously planned. The government meticulously plans the entire economic system. Economic stability prevails in a mixed economy because economic activities are planned.
• Goods are produced in a mixed economy based on consumer preferences, resulting in consumer sovereignty.
• Enterprise flexibility and profit incentives are critical in a mixed economy. Because of these factors, initiative, innovation, and productivity are always on the rise.
• A mixed economic system prioritises social welfare as well. Individual rights are protected in a mixed economy.
• The mixed economy combines elements of both the socialist and capitalist economies. As a result, benefits from both sectors are present in a mixed economy.
• In a diverse economy, for example, absolute individual liberty exists. Economic freedom can also be obtained in a mixed economy. 
• In a mixed economy, the efficient management of the private sector is combined with the financial soundness of the public sector. As a result, the country experiences rapid economic growth. The mixed economic order can eliminate the ills of the capitalist system, such as inflation, unemployment, and so on.

The goal of the government in the modern world is to establish a welfare state. In a welfare state, the government seeks to maximise welfare for the greatest number of people. This is one of the most significant benefits of a mixed economy. Hence, in today's time, most countries of the world are adopting a mixed economy.

To know about economic growth, click on the link below:

https://brainly.in/question/26178127

To know more about macro-economy, click on the link below:

https://brainly.in/textbook-solutions/q-economy-facing-unintended-accumulation-inventories-try-reduce