IDNLearn.com connects you with experts who provide accurate and reliable answers. Ask any question and get a thorough, accurate answer from our community of experienced professionals.

what is the common objective between capitalist, socialist, and mixed economies.

Sagot :

An objective that's common to both capitalism and socialism (and thus mixed economies) is production. Both systems rely on the production of goods and services (except that in capitalism one produces for profit and in socialism one  produces for use--i.e. one produces according to human needs, not wants).