Which scenario is the BEST example of how the government would act in a mixed market economy?
Answers
The scenario which may be the best example of how the government would act in a mixed market economy is by ensuring that taxes imposed on the free market is the same as that being charged on government-owned properties.
In my view, I think this will work best and no competition will be experienced in the market.
The mixed market economy is where part of the market is the free market and part of it is managed by the government.
The question is incomplete.
However,
Mixed economy: An economic system where both private and a state monopoly coexist. All modern economies are mixed. The means of production are shared and is also called as dual economy.
In India, the British government introduced economic systems of free enterprise and capitalistic-type.
Indian economy is a mixed economy because it is neither completely socialist nor capitalist.
The best example of mixed economy scenario is ensuring that taxes imposed on the free market is the same as that being charged on government-owned properties.