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What is the role of the government in a mixed economy? Use the RACES method to answer the question.

User Jason Crease
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Answer:

Step-by-step explanation:

Mixed economic systems are not laissez-faire systems, because the government is involved in planning the use of some resources and can exert control over businesses in the private sector. Governments may seek to redistribute wealth by taxing the private sector, and using funds from taxes to promote social objectives.

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You can also put it in:

The government's role in a mixed economy is that it is the: Regulator charged with preserving competition. Economic goals are important because they: Help people determine if an economic system meets their needs.

I hope this helps :)

User Rosshamish
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