can i have a poster on mixed economy which gives information about it and has lots of pictures?please help due tommorow.
2007-02-01 03:45:21 · 3 answers · asked by surabhi 1 in Social Science ➔ Economics
yes, If you start making one right now, then you will have one by tomorrow!
2007-02-01 03:48:53 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The biggest disadvantage is the regulated portions of the economy are isolated from market forces so go their own way independent of the rest of the economy.
Examples would be the cost of commodity type items, milk eggs, fruits, vegetables, poultry, and meat at the grocery store, as compared to the heavily government regulated portions of the economy like, public utilities, medical and dental services and insurance, and of course college tuition. The regulated items being isolated from market forces allows their prices to increase at several times the inflation rate for the rest of the non-regulated economy.
2007-02-01 12:07:12 · answer #2 · answered by Roadkill 6 · 0⤊ 1⤋
The main disadvantage is that there isn't effective control over the administration and the government.
It leads to the most number of ways to corruption.
2007-02-01 11:49:41 · answer #3 · answered by Adithya K 1 · 1⤊ 0⤋