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What are the cons of a mixed economy?

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A mixed economy combines the advantages and disadvantages of market, command, and traditional economies. It's the most flexible system. read more

A mixed economy means that one part of the entire economy is being controlled and run by a certain country’s government, while the other half is left to the free market. Most economies of the countries all over the world are mixed, and they only differ in terms of intervention by the state. read more

The 3 Cons of Mixed Economy. Here are the drawbacks associated to mixed economy. 1. Socialists are criticizing mixed economy as it allows a lot of market forces that can lead to inefficient allocation and inequality of resources. 2. It can become hard to identify exactly where the government will need to intervene. 3. read more

A mixed economy is a system that combines characteristics of market, command and traditional economies. It benefits from the advantages of all three while suffering from few of the disadvantages. A mixed economy has three of the following characteristics of a market economy. First, it protects private property. read more

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