geography

21. what is the role of the government in a mixed economy?

could anyone help me in any way by the way this is not a multiple choice question

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  1. http://www.economicsdiscussion.net/government/functions-of-government-in-a-modern-mixed-economy/20927

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    Ms. Sue
  2. brynnleigh the answer may have something to do with supply and demand. but ms. sue can correct me but im pretty sure that’s it

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  3. The government has nothing to do with supply and demand.

    Alliana -- please don't try to help when you don't know..

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    Ms. Sue
  4. ms. sue i read the link but im still confused could you try to explain it to me because I read it but I am still confused

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  5. What don't you understand about the first paragraph in that site?

    "The following points highlight the seven major functions of government in a modern mixed economy. The Functions are: 1. Improving Efficiency of the Economic System 2. Controlling Externalities and Public Goods 3. Supplying Correct Information 4. Improving the Distribution of Income 5. Grants and Subsidies 6. Macroeconomic Stabilisation 7. Representing the Country at the International Level."

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    Ms. Sue
  6. Mixed economy means is privately owned businesses and government both play important roles. ... For example, to protect the public and to preserve private enterprise, to help control and regulate the means of production. Besides that in mixed economy, the government decides on resource allocation of scarce commodities

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  7. thanks Gemini Kitten😸

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