Final answer:
In a mixed economy, corporations and partnerships are two common types of businesses. Corporations offer limited liability and raise capital by selling shares, while partnerships involve shared business ownership with varying levels of liability and involvement.
Step-by-step explanation:
Two types of business organizations that are likely to be found in a mixed economy are corporations and partnerships. A corporation is an entity that is legally separate from its owners, providing limited liability to its shareholders, and capable of raising capital by selling shares of stock. Corporations are characterized by their ability to attract investment, grow to significant sizes, and their complex structure including a board of directors and various departments.
On the other hand, partnerships, which include general and limited partnerships, are businesses owned by two or more people. In a general partnership, partners share responsibility equally, while in a limited partnership, certain partners contribute financially without being involved in daily operations, shielding them from liability beyond their investment.
These business types contribute to a competitive market by providing diverse products and services, creating jobs, and generating tax revenue. In a mixed economy, these organizations coexist with other forms like non-profits, cooperatives, and government entities which may intervene in the market for various economic and social objectives.