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Response to Mixed Economy vs. Market Economy

from Derek (pysche_triage@yahoo.com)
Of course, each system has its benefits. In a market economy, an individuals gain rises and falls depending on his or her success. An individual does not need the community to prosper in order ot show a profit. Everything is driven by the "supply and demand" cliche allowing for overall individual gain and random prosperity. A mixed economy, on the other hand, keeps significant loss and gain to a minimum as the economy tends to adapt to change. Unlike a pure market economy, individual gain depends almost solely on the communities success. So, as the community's economic status improves, the citizens of the community prosper. Perhaps the best part of the Mixed Economy System, is that it does incorporate some of the values of a market economy; such as the ability to allow an individual to proper when his or her community is in decline. As the individual profits, he or she will begin to pour money back into the community helping the community's economic status rise along with its citizens' success.
(posted 7903 days ago)

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