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What are the benefits of mixed economy ?

Find out Benefits of mixed economy given below. So let us check out some benefits to know more about mixec economy.

Some points on benefits of mixed economy are :

  1. Mixed economy offers consumers the freedom to choose from a variety of goods or services get List of  the advantages & disadvantages of mixed economy to explore more.
  2. In mixed economy, government supplies some need in order to assure that all members in the society can benefit. check List of the characteristics of mixed economy for more info.
  3. Entrepreneur able to make more profit
  4. Freedom to set up a business
  5. Prices determined by market factors
  6. Private ownership of a business
  7. In mixed economy Progressive taxes to reduce inequality List of the features of mixed economy to get more info.
  8. Government regulations and taxes on demerit goods
  9. Government provision of public goods
  10. More job investments

 

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What is Market economy ? Advantages and Disadvantages of Market Economy

Check out Advantages and disadvantages of market economy (capitalism) given below. So let us find out some points on advantages and disadvantages to know more about market economy. This type of economy is nearly free fro governement interference, Economy is based on private ownership where individual control the production, distribution and sales of goods and services.

What is Planned economy ? Advantages and Disadvantages of Planned Economy

Find out Advantages and disadvantages of planned economy (command economy) listed below. So let us check out points on advantages and disadvantages to know more about planned economy. This type of economy system is controlled by governement. In Planned economy, government decides how much is produces, what to produced, the methods of the production and the price of goods or services.

What is traditional economy ? Advantages and Disadvantages of Traditional Economy

Find some Advantages and Disadvantages of traditional economy. So let us check out information on advantages and disadvantages to know more about traditional economy.  In this type of economic system every person has a specific role in the society that is defined by its customs and traditions, traditional economy is based on simple industry and agriculture.

Advantages and Disadvantages of International Trade

Check out Advantages and Disadvantages of International Trade discussed below. So let us find out some information on advantages and disadvantages to know more about International Trade. It is a trade between nations in the form of imports as well as exports. International trade can be considered one of the important souce of revenue in the developing countries. Trade between countries is the exchage of both services and goods among the countries of the world economy.

The List of Abbreviations used in Pharmaceutical Industry

You've already read about various topics related to Pharma Industry.Well, today I want to introduce you to the List of Abbreviations used in Pharmaceutical Industry.

There are lots of topics related to pharmacy which are available on the internet. We have studied a lot about various activities carried out daily in pharma industry so it is very important to know all the terms used in pharma.

Here is what you are goint learn in the List of Abreviations used in Pharmaceutical Industry:

What are the benefits of Water transportation?

Some points on benefits of water transportation are discussed below. Also check out some advantages and disadvantages to know more about water transport. 

Benefits of water transportation

  • Water transport is ideal for transporting bulky and heavy goods
  • It is best suitable for products with long lead times
  • Water transportation is one of the cheapest mode of transportation
  • Water transport requires cheap motor powers compared to airplanes