onlyifinvited onlyifinvited
  • 16-09-2021
  • Social Studies
contestada

For what reason do governments step in to provide regulations or public goods in a
mixed market economy?

Respuesta :

bohoranisha55
bohoranisha55 bohoranisha55
  • 29-09-2021

Answer:

The characteristics of a mixed economy include allowing supply and demand to determine fair prices, the protection of private property, innovation being promoted, standards of employment, the limitation of government in business yet allowing the government to provide overall welfare, and market facilitation by the self-interest of the players involved.

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