why does the government intervene in a mixed economy?

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03-03-2021
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why does the government intervene in a mixed economy?

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Souljaboy084idn Souljaboy084idn · Answer 1 · 2021-03-03T13:05:44-05:00

Souljaboy084idn Souljaboy084idn

03-03-2021

Answer:

A mixed economy, thus, is an economic system that has the participation of both the public and the private sectors. ... Secondly, the government intervenes in an economy so that it can adjust market working to promote equity. Thirdly, the government intervenes in a market to reduce the extent of market failure (p8)

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Johnhhhbidn Johnhhhbidn · Answer 2 · 2021-03-03T13:06:16-05:00

Johnhhhbidn Johnhhhbidn

03-03-2021

Answer:

The government intervenes in an economy so that it can adjust market working to promote equity.

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