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Which of the following is the key difference between a market economy and mixed market economy? Mixed market economies have no government influence while market economies are controlled by the government. Mixed markets economies have no government influence while market economies are loosely regulated by the government. Market economies have no government influence while mixed market economies are controlled by the government. Market economies have no government influence while mixed market economies are loosely regulated by the government.

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metchelle

Here is the answer of the given question above. The statement that is a key difference between market economy and mixed market economy is this:  Market economies have no government influence while mixed market economies are loosely regulated by the government. Hope this is the answer that you are looking for.

Answer:

The Correct Answer is "Market economies have no government influence while mixed market economies are loosely regulated by the government".

Explanation:

Market Economy:

  • In the Market economy, a private business makes decisions.
  • In the Market economy, Individuals decide on how to use resources.
  • It is privately owned.
  • In Market economy prices determined by market forces.

Mixed Economy:

  • The mixed economy is intervened by Government regulations.
  • In Mixed economy progressive taxes to reduce inequality.
  • It is a combination of a market and a command economy.

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