Question

What is crowd out economy and crownd in economy?

Answer 1

Answer:

In economics, crowding out is a phenomenon that occurs when increased government involvement in a sector of the market economy substantially affects the remainder of the market, either on the supply or demand side of the market.

Explanation:

The crowd economy is a dynamic ecosystem of productive people who participate through a platform with a purpose to achieve mutually beneficial goals.

Answer 2

What is difference between socialist economy , mixed economy and market economy?

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In market socialism, prices are determined by the government and the goal is to achieve market equilibrium while, in a mixed economy, prices are determined by the market's shifts – although the government can intervene to “protect” citizens and prevent economic inequalities.