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in your opinion, are you in favor of a free-market economy, or in favor giving government a large regulatory role? (or even placing the economy entirely under government control). consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.in your opinion, are you in favor of a free-market economy, or in favor giving government a large regulatory role? (or even placing the economy entirely under government control). consider issues such as economic productivity, economic inequality, and the extent of corporate welfare.

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tutorconsortium109

The ideal economic setup combines a free market with some form of governmental regulation. There are some profit-oriented private business players there.

Which kind of economy has the most governmental control?

  • Government control over the economy is most pronounced in a command economy.
  • An economic system known as a command economy is one in which the government has authority over the manufacturing and setting of prices for products and services.
  • A command economy, often known as a planned economy, is one in which the government determines which commodities and services to produce, how they will be produced and distributed, as well as their pricing. The central planner is the government.
  • Because it is somewhat governed by the government and partially reliant on the dynamics of supply and demand, a mixed economic system combines elements of both a command and a free-market system.
  • Nowadays, the majority of the world's major economies are mixed economies, which combine socialism and capitalism. In most mixed economies, governments use fiscal or monetary policies to boost growth during economic downturns.

Learn more about command economy refer to :

https://brainly.com/question/26262298

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