MIXED ECONOMY

What is it?

An economy that has qualities and elements of all the other systems mixed into this economy, they think that one single economy is not pure.

Government's role

The government and the citizens have a say in all political decisions. The government guides the country in the production of most products. They protect the producers and consumers.

EXAMPLES

• United States
• Most other nations

PROS

• Government funds schools and construction project
• Everyone has say in political decisions
• They protect the producers and consumers

CONS

• Government owns most businesses
• Tend to lean more towards government control, less to individual freedoms