Explain how the mixed economy attempts to solve basic economic problems?

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Explain how the mixed economy attempts to solve basic economic problems?

2007-03-25 20:00:51 · 1 answers · asked by NGAZU 1 in Social Science ➔ Economics

1 answers

government+capitalists
is mixed economic pattern
govt takes charge of imp industries like atomic sector,iron and steel etc and the other less imp industries are with the capitalists.so mixed economic pattern helps in development of the country by<1>preventing accumulation of wealth
<2>proper utilization of revenue
and ultimately economic prosperity if carried out ((((((((((without corruption in any forms))))))))

2007-03-25 21:21:17 · answer #1 · answered by bullet 2 · 0⤊ 0⤋