Advantage and Disadvantage of a Modern Mixed Economy - 1...

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1Modern Mixed EconomyAdvantage and Disadvantage of a Modern Mixed EconomyYvonne GoinsBethel UniversityModule 4308/27/15
2Modern Mixed EconomyWhat is a mixed economy it is an economic system which both the state and private sectordirect the economy reflecting characteristics of both market economics and planned economicswere part of the economyis left to the free market part of it is ran by the government.One of the disadvantages of mixed economies is that they tend to lean more towardgovernment control and less toward individuals freedom. A lot of modern forms of governmentare consistent with some form of mixed economy commonly associated with social democraticparties or nations run by social democratic governments. Another disadvantage of a mixedeconomy is that the line between the public and private sectors easily becomes blurred, or shiftsone way or another from time to time. Mixed economy sometimes evolves in the direction of

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Term
Fall
Professor
Jason
Tags
Economics, Management, Capitalism, Economic system, Planned economy

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