mixed economy

Examples of mixed economy in the following topics:

• Mixed Economies

  • A Mixed Economy exhibits characteristics of both market and planned economies, with private and state sectors providing direction.
  • A mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.
  • Economies ranging from the United States to Cuba have been termed mixed economies.
  • Restrictions are sometimes placed on private mail systems by mixed economy governments.
  • Outline the plan behind and what governments provide in a mixed economy

• The Disadvantages of Mixed Economies

  • The disadvantages of mixed economies can be understood through examining criticisms of social democracy.
  • One disadvantage of mixed economies is that they tend to lean more toward government control and less toward individual freedoms.
  • While most modern forms of government are consistent with some form of mixed economy, given the broad range of economic systems that can be described by the term, the mixed economy is most commonly associated with social democratic parties or nations run by social democratic governments.
  • The Democratic party in the United States is seen by some critics of contemporary social democracy (and mixed economies) as a watered-down, pro-capitalist movement.
  • Examine the criticisms of social democracy as a vessel to understanding the disadvantages of mixed economies.

• The Benefits of Mixed Economies

  • A mixed economy allows private participation in production while ensuring that society is protected from the full swings of the market.
  • A mixed economy permits private participation in production, which in return allows healthy competition that can result in profit.
  • Overall, businesses, as well as consumers, in mixed economies have freedoms that are important to both.
  • The elements of a mixed economy have been demonstrated to include a variety of freedoms:
  • Outline the characteristics of a mixed economy that help to maintain a stable economy

• Socialism and Planned Economies

  • There are few clear examples of purely socialist economies; nonetheless, many of the industrialized countries of Western Europe experimented with one form of social democratic mixed economies or another during the twentieth century, including Britain, France, Sweden, and Norway.
  • Variations range from social democratic welfare states, such as in Sweden, to mixed economies where a major percentage of GDP comes from the state sector, such as in Norway, which ranks among the highest countries in quality of life and equality of opportunity for its citizens.
  • Economic planning in socialism takes a different form than economic planning in capitalist mixed economies.
  • In socialism, planning refers to production of use-value directly (planning of production), while in capitalist mixed economies, planning refers to the design of capital accumulation in order to stabilize or increase the efficiency of its process.
  • The command economy is distinguished from economic planning.

• Free Enterprise

  • Political scientist Ian Bremmer describes China as the primary driver for the rise of state capitalism as a challenge to the free market economies of the developed world, particularly in the aftermath of the 2008 financial crisis.
  • There are multiple variants of capitalism, including laissez faire, mixed economy, and state capitalism.
  • Many states have what are termed mixed economies, referring to the varying degree of planned and market-driven elements in a state's economic system.

• Economic Systems

  • Most other countries today are free market economies, with some aspects of a planned system (such as government owned and allocated healthcare).
  • Many different objectives may be seen as desirable for an economy, like efficiency, growth, liberty, and equality.
  • In theory, a communist economy is one in which the government owns all or most enterprises.
  • In general, workers in socialist economies work fewer hours, have longer vacations, and receive more health, education, and child-care benefits than do workers in capitalist economies.
  • The economies of the United States and other countries, such as Japan, are based on capitalism.

• Financial Plan and Forecast

  • The financing mix will impact the valuation of the firm (as well as the other long-term financial management decisions).
  • Management must identify the "optimal mix" of financing—the capital structure that results in maximum value.
  • Management must attempt to match the long-term financing mix to the assets being financed as closely as possible, in terms of both timing and cash flows.
  • Organizations may carry out a form of economic forecasting which is the process of making predictions about the economy.
  • They may also happen at a more dis-aggregated level, for specific sectors of the economy or even specific firms.

• A Brief Definition

  • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
  • Promotion – how the producer communicates the value of its products – is one of the market mix elements.
  • There are five elements an organization may choose to include in its promotional mix or promotional plan.

• Summary and references

  • "The Global Economy and International Financing. " Quorum Books, 2001.
  • "Managing Global Finance in the Digital Economy. " Praeger Publishers, 2002.
  • "The Marketing Mix: The 4 P's of Marketing. " 2008, available at http://www.netmba.com/marketing/mix.
  • "Globalization and the Growth in Emerging Markets and the New Economy. " Journal of Policy Modeling 25, 2003, 505-524.
  • "Doing Business: Economy Rankings. " 2007.

• Additional costs that result from waste

  • em&_r=1&) When poverty is added to the mix these problems only intensify.
  • (Hart, Stuart, Capitalism at the Crossroads) Contrary to popular belief, the world's poorest countries have had zero or negative economic growth since the early 1980s and the years between 1990 and 1999 mark the slowest growing decade the world economy has seen in the past 40 years.