advantages and disadvantages of mixed economygreenspun.com : LUSENET : Economic History (and Related Observations) : One Thread
What are some advantages and disadvantages of a Mixed Economy??
-- monica rdz (firstname.lastname@example.org), January 26, 2004
i want to the mrits and demarits of mixed economy in the shape of points
-- dawoodmehmood (email@example.com), February 18, 2004.
everyone is able to have there say: government, consumers, producers and employees
-- sam (firstname.lastname@example.org), May 19, 2004.
advantages of mixed eco
-- shekar (email@example.com), June 09, 2004.
-- kathy aw (firstname.lastname@example.org), June 30, 2004.
gosh darn it! i needed answers to this same question.
-- Lei (email@example.com), February 21, 2005.
Goods and services go to those with the most money. Rich people get most of money while a poor people are hungry. Business people can control the market for a good or a service, and force consumers to pay high costs or workers to accept low income. Since the business cannot always correctly anticipate the desires of consumers, at times there will be an overproduction of goods and services, and also an underproduction of other goods and services. Consumer may be unable to recognize goods which are harmful, or worthless.
-- ssssss (firstname.lastname@example.org), February 21, 2005.