Market and Mixed Economies Both Term Paper

Total Length: 331 words ( 1 double-spaced pages)

Total Sources: 0

Because of the free-price system, trading exists in various degrees thus causing a lack of organized trading system. Issues also indicate that market economy creates monolopies that threaten the competitiveness of goods and services. Therefore, the solution to such problem that market economy critics find is to support mixed economy because they need a structured and organized system of trading. But what can a mixed economy provide to the economic condition of a nation? To the proponents of mixed economy, this system can prevent unstable economic conditions because the economic system is controlled.
A mixed economy presents both the faces of a free-market and capitalism where people have the right to choose which type of economic system they wish to implement in trading. Additionally, even if free-market also exists in a mixed economy, it is still limited which therefore continues to present a controlled economic condition......

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"Market And Mixed Economies Both" (2006, May 19) Retrieved May 7, 2024, from
https://www.aceyourpaper.com/essays/market-mixed-economies-both-70507

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"Market And Mixed Economies Both" 19 May 2006. Web.7 May. 2024. <
https://www.aceyourpaper.com/essays/market-mixed-economies-both-70507>

Latest Chicago Format (16th edition)

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"Market And Mixed Economies Both", 19 May 2006, Accessed.7 May. 2024,
https://www.aceyourpaper.com/essays/market-mixed-economies-both-70507