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how would healthcare, education, and housing affect whether a country is a market, command, or mixed economy?

User Raymond
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Final answer:

Healthcare, education, and housing can signify whether a country operates under a market, command, or mixed economy. The United States is a mixed economy with market-oriented characteristics and government involvement in certain sectors. Economic freedom maps can help identify market and command economies based on the level of government intervention.

Step-by-step explanation:

Healthcare, education, and housing can have significant impacts on whether a country is considered a market, command, or mixed economy.

In a market economy, these services would typically be provided by private entities based on supply and demand, with minimal government intervention. In a command economy, the government makes all the decisions about the provision of these services, often leading to a centralized, state-controlled approach.

The United States is generally considered a mixed economy leaning towards market-orientation, especially when it comes to consumer goods and services.

However, it does have government involvement in sectors like healthcare, education, and housing. For example, programs like Medicare and Medicaid, public schooling, and housing subsidies introduce government control and funding into these marketplaces.

A heat map of economic freedom may show that countries with more market-oriented economies tend to have higher levels of economic freedom.

Countries like the United States and many in Europe, with their mixed economies, frequently appear higher on these rankings compared to those with command economies. On the other hand, countries that are more likely to be command economies—such as North Korea or Cuba—typically have less economic freedom and more government control over resources and industries.

User JHeni
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