Hot Student Stories

What is one possible effect of high unemployment in a mixed market economy? A. The government will intervene to appoint new jobs to workers. B. A lack of income will weaken the buying power for many people. C. New government-run farms and factories will open to provide work. D. The wealth gap between the upper and lower classes will decrease.

Jodi Brooks

in Social studies

1 answer

1 answer

Megan Page on October 20, 2018

The answer is "B. lack of income will weaken the purchasing power for many people". Mixed market economy is a monetary framework in which both the private sector and a level of state imposed by the business model, for the greater part of the public administrations, basic safety, and companies, exist together. Each current day economy is mixed, where the methods of production are shared between the private and public sector divisions.

Add you answer