208k views
0 votes
What is the difference between free enterprise system and mixed economy?

User Shershen
by
8.6k points

2 Answers

2 votes
A mixed economic system has features of both a command and afree market system. A mixed economyis partly controlled by the government and partly based on the forces of supply and demand. Generally, a mixed economic system involves a public sector and a private sector. (i got this answer on google)
User KyungHoon Kim
by
8.1k points
5 votes

A FREE ENTERPRISE is one in which the government controlls the country's economy... a system in which society usually in the form of government owns and controlls the means of production while the MIXED ENTERPRISE is a mixture of both private and public enterprise.


User Habebit
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.