Magoosh GRE

Tag: mixed economy

Critically evaluate the advantages and disadvantages of England being a mixed economy rather than a pure command or completely free-market.

| February 8, 2017

Abstract: Different economies of the world choose one of the three economic systems: command economy, free market economy, and mixed economy to suit their needs and aims most appropriately. While each of these economic systems have their own advantages and disadvantages, most of the economies of the world are currently mixed economies.

Continue Reading