Question

what are the advantages of a mixed economy

Answer 1

both free-market and regulatory forces are at work. Some see these forces as being at odds with each other; others feel that the economy works at its peak when both forces are working together. Whatever you believe, many countries, including the United States,

Answer 2

Three examples of mixed economy advantages are: Most business and industry can be left to private firms, Mixed economies can reduce the amount of government regulation and government control prevalent in a command economy, Mixed economies can enable some government regulation in areas where there is market failure