Why do most countries have mixed economy?

Why do most countries have mixed economy?
by

1 Answer

Answer :

As long as a government (local, state or national) taxes itsbusinesses and households, there will be a mixed economy.
by
selected by

Related questions

Consider the following Statements: Indicative Planning is a feature of ‘Mixed Economy’. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement(s) is/are correct? A. A Only 1 B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2

Description : Consider the following Statements: Indicative Planning is a feature of Mixed Economy'. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement( ... B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2

Last Answer : A. A Only 1

In which policy India opted for ‘Mixed Economy’? -General Knowledge

Description : In which policy India opted for ‘Mixed Economy’? -General Knowledge

Last Answer : The answer is 'Industrial Policy of 1948'

In which policy India opted for ‘Mixed Economy’? -General Knowledge

Description : In which policy India opted for ‘Mixed Economy’? -General Knowledge

Last Answer : India has a mixed economy with both public and private sector. In public sector, industries of national importance are set-up such as defence industries, basic industries, power generation, etc.

In which policy India opted for ‘Mixed Economy’? -General Knowledge

Description : In which policy India opted for ‘Mixed Economy’? -General Knowledge

Last Answer : answer:

“ What is the difference between a pure market economy and a mixed-market economy “?

Description : “ What is the difference between a pure market economy and a mixed-market economy “?

Last Answer : In a mixed-market econom, the government imposes regulations on the production of goods and services.

What is meant by mixed economy ?

Description : What is meant by mixed economy ?

Last Answer : An economy in which private enterprise and government enterprise coexist is called a mixed economy. Mixed economy is basically a combination of capitalist economy and socialist economy. This economy has ... . Again, government control was maintained over many sectors. Bangladesh has a mixed economy.

What is Mixed Economy ?

Description : What is Mixed Economy ?

Last Answer : An economic system in which individual ownership and private enterprise as well as government enterprise and control prevail is called a mixed economy. In other words, private and government initiatives play a combined role in such economy.

What is Mixed Economy ?

Description : What is Mixed Economy ?

Last Answer : In an economy where government and individuals have equal influence.

Mixed economy?

Description : Mixed economy?

Last Answer : A mixed economy is a type of economic system. It is characterized by a system that is between public and private enterprises.

Mixed Economy means:

Description : Mixed Economy means:

Last Answer : Co-existence of public and private sectors

A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Description : A mixed economy refers to an economic system where - (1) The economy functions with foreign collaboration (2) Only t he private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Last Answer : (3) Both the government and the private sectors operate sectors operate simultaneously Explanation: Mixed economy is an economic system in which both the state and private sector direct the ... and that the government wields indirect influence over the economy through fiscal arid monetary policies.

With which form of economy is the term 'Laissez-faire' associated? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Description : With which form of economy is the term 'Laissez-faire' associated? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Last Answer : (1) Capitalist economy Explanation: In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. ... industrial growth in the late 19th century both occurred in a laissezfaire capitalist environment.

'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : 'Mixed economy' refers to - (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Last Answer : (2) Closed economy Explanation: A Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in ... The goal is to provide consumers with everything that they need from within the economy's borders.

Price mechanism is a feature of - (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Description : Price mechanism is a feature of - (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Last Answer : (1) Capitalist economy Explanation: Price mechanism is an economic term that refers to the manner in which the prices of commodities affect the demand and supply of goods and services. It is ... that only by allowing prices to move freely will the supply of any given commodity match demand.

Aneconomy in which there are no flows of labour, goods or money to and from other nations is a/an - (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Description : Aneconomy in which there are no flows of labour, goods or money to and from other nations is a/an - (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Last Answer : (3) closed economy Explanation: An economy that does not interact with the economy of any other country is known as closed economy. A closed economy is selfsufficient, meaning no imports are brought in ... It is the opposite of an open economy, in which a country conducts trade with outside regions.

A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Description : A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Last Answer : (4) market mechanism guided by Government participation and planning Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, ... enterprises and the accumulation of capital remain the fundamental driving force behind economic activity.

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

'Hire and Fire' is the policy of - (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

Description : 'Hire and Fire' is the policy of - (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

Last Answer : (3) Mixed Economy Explanation: In capitalism, people may sell or lend their properly, and other people may buy or borrow them. In many countries with mixed economies (part capitalism and part socialism) there are laws ... we can buy or sell, or what prices we can charge, or whom we can hire or fire.

Which of the following types of economy is an example of sustainable economy? A. Capitalist Economy B. Mixed Economy C. Socialist Economy D. Traditional Economy E. None of the Above

Description : Which of the following types of economy is an example of sustainable economy? A. Capitalist Economy B. Mixed Economy C. Socialist Economy D. Traditional Economy E. None of the Above

Last Answer : D. Traditional Economy Explanation: Traditional economies are considered sustainable because they are less harmful to the environment.

Mixed economy is characterised by- a. Private sector b. Public sector c. Co-existence of private and public sector d. None of these

Description : Mixed economy is characterised by- a. Private sector b. Public sector c. Co-existence of private and public sector d. None of these

Last Answer : c. Co-existence of private and public sector

Mixed economy refers to?

Description : Mixed economy refers to?

Last Answer : the co-existence of public as well as private sector

________ is an economic system based on the principal of free enterprise. A. Capitalism B. Socialism C. Mixed Economy D. Marxism

Description : ________ is an economic system based on the principal of free enterprise. A. Capitalism B. Socialism C. Mixed Economy D. Marxism

Last Answer : A. Capitalism

Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Description : Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Last Answer : B. Socialist Economy

The goods and the services produced, priced and distributed by the government is ___. A. Market economy. B. Secular economy. C. Command economy. D. Mixed economy.

Description : The goods and the services produced, priced and distributed by the government is ___. A. Market economy. B. Secular economy. C. Command economy. D. Mixed economy.

Last Answer : C. Command economy.

A mixed economy is necessarily a _____. A. controlled. B. planned. C. organised. D. planned, organised and controlled.

Description : A mixed economy is necessarily a _____. A. controlled. B. planned. C. organised. D. planned, organised and controlled.

Last Answer : D. planned, organised and controlled.

Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world’s largest. (C) The US economy is shaped by the country’s huge natural resources, well developed infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Description : Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world's largest. (C) The US economy is shaped by the country's ... infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

Last Answer : (D) The USA is the largest exporter and importer of goods in the world. 

In a mixed economy which sector(s) is/ are found (a) Private Only ; (b) Public sector only ; (c) None ; (d) Both a and b

Description : In a mixed economy which sector(s) is/ are found (a) Private Only ; (b) Public sector only ; (c) None ; (d) Both a and b

Last Answer : (d) Both a and b

What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Description : What do you mean by a mixed economy? a) Modern and traditional industries b) Public and private sectors c) Foreign and domestic investments d) Commercial and subsistence farming

Last Answer : Answer- b

1. Which country has the briefest Constitution in the world? 2. Which petroleum refinery product has the lowest boiling point? 3. In which policy India opted for ‘Mixed Economy’? 4. In which state has India’s largest private sector sea port been commissioned recently? 5. By whom was the 'Shahnama' written?

Description : 1. Which country has the briefest Constitution in the world? 2. Which petroleum refinery product has the lowest boiling point? 3. In which policy India opted for Mixed Economy'? 4. In which state ... was given in which year? 20. During which reign was the East India Company founded in London?

Last Answer : Answer : 1. USA 2. Gasoline 3. Industrial Policy of 1948 4. Andhra Pradesh 5. Firdausi 6. 3½ ft 7. Hargobind Khurana 8. B. R. Ambedkar 9. NH 7 10. Punjab and Sind 11. Neutron 12. Junko Tabei 13. ... 16. Dr. F G. Banting 17. About 3 years since Dec 9, 1946 18. Wrought iron 19. 1991 20. Akbar

‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Last Answer : the co-existence of public as well as private sector

With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Description : With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

Last Answer : Capitalist economy

Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Description : A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

Last Answer : Both the government and the private sectors operate sectors operate simultaneously

A mixed economy works primarily through the (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Description : A mixed economy works primarily through the (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning

Last Answer : market mechanism guided by Government participation and planning

An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Description : An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Last Answer : closed economy

An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Last Answer : Closed economy

Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Description : Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Last Answer : Capitalist economy

‘Hire and Fire’ is the policy of (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

Description : ‘Hire and Fire’ is the policy of (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

Last Answer : Mixed Economy

What countries have a majority of mestizos people of mixed European and native American ancestry?

Description : What countries have a majority of mestizos people of mixed European and native American ancestry?

Last Answer : Need answer

how did South Korea has developed a strong economy by:A. growing fruits and vegetables.B. producing nuclear weapons.C. manufacturing computers.D. trading weapons to small countries.?

Description : how did South Korea has developed a strong economy by:A. growing fruits and vegetables.B. producing nuclear weapons.C. manufacturing computers.D. trading weapons to small countries.?

Last Answer : what was the answer??

How have eastern European countries taken the best of both communist rule and a market economy?

Description : How have eastern European countries taken the best of both communist rule and a market economy?

Last Answer : The ideas of the two philosophies are not compatible so noEuropeans have taken them to use them together. To have an marketeconomy freedom is needed for the production, but communism doesn’tallow for the free creation of capitalism.

"Globalisation of Indian Economy" denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Description : "Globalisation of Indian Economy" denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Last Answer : (2) having minimum intervention in economic relations with other countries Explanation: Globalization means integrating the economy of a country with the economies of other countries or world economy ... of a plethora of export incentives opting for exchange rate adjustments for promoting exports.

One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is - (1) Imposition of import duties (2) Liberalization of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : (4) Diversification of exports Explanation: India has rapidly diversified its exports markets from the traditional export partners towards emerging and developing economies. This has played a crucial ... export markets can be noted from the narrowing dependence on selected economies for exports.

A closed economy is one which - (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) (4) Is not a member of the U.N.O.

Description : A closed economy is one which - (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) (4) Is not a member of the U.N.O.

Last Answer : (1) Does not trade with other countries Explanation: A closed economy is one that has no exports or imports. An open economy is one that has exports and imports. In a closed ... surplus. In a closed economy, equilibrium price and equilibrium quantity determine consumer surplus and producer surplus.

Technology scanning refers to: a) strategies of multinational firms based on technologies. b) locating a firm's research centres in countries or regions where relevant cutting-edge research is pursuedc) a framework for strategic planning in the knowledge economy.d) the process of identifying technologies in the external business environment.

Description : Technology scanning refers to: a) strategies of multinational firms based on technologies. b) locating a firm's research centres in countries or regions where relevant cutting-edge research ... the knowledge economy. d) the process of identifying technologies in the external business environment.

Last Answer : the process of identifying technologies in the external business environment.

Globalization is beneficial for firms because: A. It protects them against foreign competition. B. It cushions them from the effects of events in other countries. C. It opens up new market opportunities. D. It increases the risk and uncertainty of operating in a globalizing world economy.

Description : Globalization is beneficial for firms because: A. It protects them against foreign competition. B. It cushions them from the effects of events in other countries. C. It opens up new market opportunities. D. It increases the risk and uncertainty of operating in a globalizing world economy.

Last Answer : It opens up new market opportunities.

The OECD A. Gathers and publishes data on the international economy. B. Provides financial assistance to developing countries. C. Approves international standards and product regulations. D. Includes more developing countries than developed countries. E. Is a cartel of countries that export oil.

Description : The OECD A. Gathers and publishes data on the international economy. B. Provides financial assistance to developing countries. C. Approves international standards and product regulations. D. ... more developing countries than developed countries. E. Is a cartel of countries that export oil.

Last Answer : A. Gathers and publishes data on the international economy.

One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Description : One of the main factors that led to rapid expansion of Indian exports is (1) Imposition of import duties (2) Liberalisation of the economy (3) Recession in other countries (4) Diversification of exports

Last Answer : Diversification of exports 

“Globalisation of Indian Economy” denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Description : “Globalisation of Indian Economy” denotes : (1) Increase of external borrowings (2) having minimum intervention in economic relations with other countries (3) starting of new business units abroad (4) relaxing the programmes of import substitution

Last Answer : having minimum intervention in economic relations with other countries