A Mixed Economy: The Role of the Market | Economic SYstems | Scoop.it

In mixed economies the idea is to take both the benefits of a free market and a strong central government and combine them into one concept. The idea is to still have a free market but with certain government involvements to solve social and financial issues, such as setting minimal wage and maximum work hours. Along with Market economies, mixed economies boast the highest immigration rates, usually from developing and command countries such as Cuba, China and Africa.


Via Kevin Shao, Josh Wells