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what is the role of a consumer in a mixed econmoy

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What is the role of government in a mixed economy like nigeria?

mixed economy


What Mixed economy?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.


What is a mixed-market economy?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.


What mixed market economy?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.


What is a Mixed-market?

A mixed market economy is one in which most decisions are made by producers (firms) and consumers (households), but the government does have a role in the economy: to ensure that equity/fairness takes place and that everything runs smoothly also the Government plays the role of a market / Economy Watcher they sit back and only intervene when needed.


Who is the father of the mixed economy?

John Maynard Keynes was the father of a "mixed economy" in which the government plays a crucial role.


You live in an economy with a circular flow of influences and inputs between producers and consumers What kind of economy do you live in?

A. Free market


What role do businesses and consumers play in a consumer economy?

They both can make or break the economy. Great business that adds value for consumers will be appreciated and so does the economy grows. Shane | URLdreamer.com Consultant |


What is the role of a consumer in a mixed economy?

they eat everything that the producers make for them


What is the Role of the households in the economy?

households are important role in free market economy. they only called as customers and consumers in the free market economy so they involved goods purchase and selling activities..


What type of economy is the American economy?

Mixed Economy which means free market system but government still has limited role


Which best describes the role that workers play in the economy?

Workers play both as consumers and producers.