Advantages Disadvantages of a Mixed Economy?

Answer

One of the advantages of a mixed economy is that there is less inequality of income, since the intent is for the economy to have a balanced growth. One of the disadvantages is that favoritism and bureaucratic unfairness is prevalent in a mixed economy.
Q&A Related to "Advantages Disadvantages of a Mixed Economy?"
Free markets allow businesses to provide needed goods and services to customers without regulatory hinderances. Producers can freely assess the resources available and meet customers
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Some advantages include: It mixes the benefits of capitalist nature of private companies and socialist nature of the government. Looks to balance economic growth of the economy and
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However, mixed economies also have disadvantages,
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Mixed economy has several meanings. One of which is to mix "socialist" and "capitalist" aspects. Another meaning is to have a variety of capital producing markets
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