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Explain the advantage of mixed economy system?
Answer:
Advantages are:
1) People can make there own decisions
2) The government has limited control, which is good for structure
3) Provides freedoms such as Enterprise, ownership, Social Welfare, Profit Earnings, Political Freedom
4) All national resources are utilized under mixed economy.
5) It will activate the government support and direction.
1) People can make there own decisions
2) The government has limited control, which is good for structure
3) Provides freedoms such as Enterprise, ownership, Social Welfare, Profit Earnings, Political Freedom
4) All national resources are utilized under mixed economy.
5) It will activate the government support and direction.
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