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How does the mixed economy solve the basic economic problem?
A mixed economy solves the basic economic problems in various ways. For instance the challenge of what to produce is resolved through price mechanisms.
Is Namibia a mixed economy country?
No it is not a mixed economic country.
What is economic system used by South Africa?
mixed economic system
What economic system do most democratic countries have?
MIXED!!
What are three main economic systems?
market economy planed economy mixed economy
How does the mixed economy solve the basic economic problem?
A mixed economy solves the basic economic problems in various ways. For instance the challenge of what to produce is resolved through price mechanisms.
Is Namibia a mixed economy?
No it is not a mixed economic country.
Is Namibia a mixed economy country?
No it is not a mixed economic country.
Which publicly controlled economy is the nearest a mixed economic system?
The publicly controlled economy which is the nearest to a mixed economic system is a socialist economy. The public will influence such an economy to a great extent.
What is the meaning of Economic Problems?
Economic Problems means trouble in the Economy
What is economic system used by South Africa?
mixed economic system
What economic system do most democratic countries have?
MIXED!!
What are three main economic systems?
market economy planed economy mixed economy
Why is the US economic system called a mixed economy?
The characteristics of a market economy and command economy combine to form a mixed economy. It incorporates elements of both socialism and capitalism. In a mixed economy, state- owned enterprises and privately owned enterprises co-exist. The economic activities in such an economic system are controlled neither by the business entities that comprise market forces nor by the government. In a mixed economy, both of these come together and ensure economic development.
The Four economic systems?
There are four major types of economic systems. This includes the mixed economy, traditional economy, command economy, and market economy.
Mixed economy?
A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.
What economic systems is a mixed economy a combination if?
where the functions of both capitalism and socialism are present,that is called mixed economy.
