Asked by Laura
How does the government participates in a mixed economy?
Based on principles of the free market, allowing some government intervention. Is there anything else i can say?
Based on principles of the free market, allowing some government intervention. Is there anything else i can say?
Answers
Answered by
Linell
A mixed economy is one with a combination of publically and privately owned enterprises. The government contributes in many ways by raising and lowering interest rates, regulating through antitrust legislation, regulating morality, ensuring food/water/products are up to par, subsidizing crops, providing services. Politics in a mixed economy is generally based around the question of how much involvment should the government have in a mixed economy of publically and privately owened enterprises.
Answered by
Lex, (From Connexus)
The government is responsible for using laws to control or break up business monopolies.
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