Explain the mixed economy system, Business Economics

Assignment Help:

Explain the mixed economy system.

Mixed economy: Several resources are owned through the public sector (government) and several resources are owned through the private sector or households. The public sector usually supplies public, merit goods, quasi-public and intervenes into markets to exact perceived market failure.


Related Discussions:- Explain the mixed economy system

Circular flow, the central problem facing a group of survivors on a ship

the central problem facing a group of survivors on a ship

Constraints facing governments in promotion of development, What are the co...

What are the constraints facing governments in the promotion of development? The constraints facing governments into the promotion of development: The capability of a govern

Introduction to business economic, Ask question different between Mar...

Ask question different between Marginalism & incrementalism #Minimum 100 words accepted#

Utility theories, critically evaluate the two main utility theories

critically evaluate the two main utility theories

Graph the demand and supply curve, Graph the Demand and Supply Curve G...

Graph the Demand and Supply Curve Given below are the demand schedule and supply schedule for china plates. Graph the demand and supply curve on one graph and determine equili

How can trade liberalisation mean eliminating barriers, How can trade Liber...

How can trade Liberalisation mean eliminating barriers? Trade liberalisation is the removal of trade restrictions for example tariffs, quotas and non-trade barriers is unsynch

What is the average increase, Question (a) The XYZ Election Commission ...

Question (a) The XYZ Election Commission maintains data showing the voting age population, the number of registered voters, and the turnout for federal elections. The following

Traditional - modern sectors and rural-urban migration, What are the tradit...

What are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities

What are harrod-domar assumptions, What are Harrod-Domar assumptions? T...

What are Harrod-Domar assumptions? The H-D (Harrod-Domar) model assumes as: • Fixed capital output ratio. Nonetheless, diminishing marginal returns to capital element exist

Supply and demand, analyse the effect of an increase in the price of sim ca...

analyse the effect of an increase in the price of sim cards on the equilibrium price and equilibrium quantity of cellphones handsets

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd