The best feature of a mixed economy is that the market forces of supply and demand and the government determine and regulate prices.
What are the other features of a mixed economy?
In addition to the market forces determining prices, a mixed economy:
- Protects private property
- Promotes innovation
- Standardizes employment
- Limits government involvement in business
- Allows the government to provide public welfare, market regulations, and market facilitation.
In a mixed economy, the government and private owners interact continuously, thereby sharing market participation. Most economies of the world feature a mixed economy, showing that there is no pure capitalism, socialism, or communism.
Thus, the best feature of a mixed economy is that the market forces of supply and demand and the government determine and regulate prices.
Learn more about mixed economies at https://brainly.com/question/13467040
#SPJ1
