contestada

What are the cons of a mixed market economy for most citizens? CHECK ALL THAT APPLY.
-There may be a sizable gap between rich and poor people.
- It can be very difficult for citizens to start private businesses.
- Citizens must pay for most basic necessities by themselves.
- There is no guarantee of steady employment for many citizens.
-Citizens may pay higher taxes than in other economic systems.
O Citizens often purchase their own health care and higher education,

Respuesta :

Answer:

There may be a sizable gap between rich and poor people.

Citizens must pay for most basic necessities by themselves.

There is no guarantee of steady employment for many citizens.

Citizens often purchase their own health care and higher education.

Explanation:

just took test

The cons of a 'mixed market economy' for the majority of citizens include:

A). There may be a sizable gap between rich and poor people.

C). Citizens must pay for most basic necessities by themselves.

D). There is no guarantee of steady employment for many citizens.

F). Citizens often purchase their own health care and higher education.

'Mixed market economy' is characterized as the economy that contains the characteristics of both the capitalistic, as well as, socialist principles.

The three key characteristics of such an economy are:

  • Presence of both the public and private enterprises.
  • Strong regulatory oversight over the private sector.
  • Economic planning and interventionism to maintain equilibrium.

However, this leads to several cons as well.

  • Unequal distribution of goods leads to the widening gulf between rich and poor.
  • The existence of private enterprises and their protection enhances competition, leading people to pay for the majority of the things.
  • Competition is another cause of unguaranteed employment.

Learn more about 'mixed economy' here:

brainly.com/question/21821035

Ver imagen JackelineCasarez

Otras preguntas