Most people's reasons for favoring a mixed market economy include the following: There is a great lot of personal freedom and choice, the government cannot prescribe which employment people have, and there may be more potential to become wealthy.
As a result, choices (B), (D), and (E) are appropriate responses.
A mixed economic system incorporates elements of both capitalism and socialism. In a mixed economy, private property is safeguarded and there is some economic liberty in how money is used, but governments are also allowed to meddle in the market in order to further their social objectives.
The neoclassical theory claims that mixed economies are less effective than pure free markets, but proponents of government intervention claim that the fundamental requirements for efficiency in free markets, like equal information and rational market participants, cannot be realized in real-world applications.
Hence, options (B), (D), and (E) are the correct answers.
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Your question is incomplete, probably the complete question is-
What are the pros of a mixed market economy for most citizens? (Select all that apply.)
a. The government provides the most basic necessities for citizens.
b. There is a great deal of independence and personal choice.
c. There may be less of a gap between rich and poor people.
d. The government cannot dictate which jobs citizens hold.
e. There may be a greater opportunity to become wealthy.
f. The economic system works to promote equality.
Answer:
(A) There is a great deal of independence and personal choice.
(C) The government cannot dictate which jobs citizens hold.
(D) There may be greater opportunity to become wealthy.
Explanation:
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Answer:
I've heard this question in class---
It's The Scientific Method right?
Explanation: