Mixed economies: Multiple select question. are slowly disappearing, since they are unsuccessful exist when the distribution of resources involves elements from more than one economic system have elements of more than one system have no businesses owned privately, only businesses owned by the state

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31-01-2022
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Mixed economies: Multiple select question. are slowly disappearing, since they are unsuccessful exist when the distribution of resources involves elements from more than one economic system have elements of more than one system have no businesses owned privately, only businesses owned by the state

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mboluwape mboluwape · Answer 1 · 2022-02-09T10:38:24+01:00

There are different type of economies, Mixed economies exist when the distribution of resources involves elements from more than one economic system.

What is mixed economies?

Mixed economy is a type of market system where resource are allocated and trade in market where free markets coexist with government intervention.

private companies and government owned both exist and share resources together.

Therefore, Mixed economies exist when the distribution of resources involves elements from more than one economic system.

Learn more on mixed economy here

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