Question

In a mixed economic system, governments play a role in the economy of their country. Please give two

examples of how the federal or our state government controls some elements of the economy. Please
write your response in complete sentences.

Answer 1

Governments may seek to redistribute wealth by taxing the private sector and by using funds from taxes to promote social objectives. Trade protection, subsidies, targeted tax credits, fiscal stimulus, and public-private partnerships are common examples of government intervention in mixed economies.

Step-by-step explanation: