what is the difference between market economy and mixed economy
Answers
Answered by
3
Answer:
A mixed economic system has features of both a command and a free market system. A mixed economy is partly controlled by the government and partly based on the forces of supply and demand. ... Most mixed economies use fiscal or monetary policies to stimulate growth during economic slowdowns.
Answered by
1
Explanation:
An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.
Similar questions