Is Taiwan a mixed or a market economy?
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Every economy has mixed elements, some more than others. For Taiwan, there is a public monopoly on railway / electricity / water / phone lines / post office , and a semi monopoly on petro . read more
Conversely, a mixed economic system has elements of both free markets and centrally planned economic controls by the government. There are several different ways market economies are changed in a mixed economy. Governments might place regulatory restrictions on voluntary transactions in the private market. read more
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