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The drawbacks of a mixed economy actually depend on how "mixed" it is. For instance, if it is mixed more towards a free-market, there is little regulation (some may see this as a good, though), but if it is mixed more towards a command economy, the control may stifle growth.
Mixed economies can also have dissimilar characteristics. Every of these will share a dissimilar set of drawbacks. A will stifle incomes due to its high tax structure, but will encourage new ideas because of its low regulation (this could result in many weird effects such as an economy comprised almost solely of small, well-niche businesses). B will encourage income, but because of its regulation, some new ideas (and some growth) will be stifled. For instance, if environmental regulations are strict, the building of new plants or refineries may be lowered.
who proposed the law of chemical combinations?
who is a rational behaviour
4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector D. government sector Explain
Sources of monopoly power: The main sources of monopoly power include the following: (i) Control of the entire supply of a basic input . It only one firm has access to or co
Market demand and supply of a good is shown by QB = 2,160 - 180P and QS = -2400 + 300P where QD, QS and P stand for quantity demanded, quantity supplied and price respectively. (a
have to do a group project on consumer equlibrium. plz help on wat sub topics to select (i am in college 1st year)
What mass (in grams) of O2 gas is present in a 36.0 L container at 673.0 K at 23.8 atm O2 pressure if the gas is ideal?
Sally recently finished her full-time training and received certification as a nurse’s aid at the end of August. She sent out applications to prospective employers during the last
why does the quantity of education change in the private universities much more responsive than salt as to changes in price?
Market equilibrium happens where supply equals demand (supply curve intersects demand curve). An equilibrium implies that there is no force that will cause further changes in pri
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