what is the characteristic of the mixed economy? describe the advantages and disadvantages.

-- kareen yew (avangelio_86@yahoo.com), February 17, 2004

Answers

A mixwed economy is predominantly a market system involving some degree of government intervention and regulation. For example, Australia has the principles of an enterprise economy, however, there are welfare programs to fall back on and government intervention.

-- Ellie Thompson (jeejeehaha@hotmail.com), May 09, 2004.

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