QAPolitology › A purpose of government regulation in a mixed-market economy is to protect…?
Q

A purpose of government regulation in a mixed-market economy is to protect…?

A

The purpose of government regulation in a mixed-market economy is to protect corporate rights. A mixed-market economy has the factors of production controlled through the private market and the formal authorities as well. Every market around the world is a mixed economy in some way because there are different portions controlled by either the government or the private sector.

Government interests are to align independent producers to meet common goals. The efforts made by the government is to make sure that both the producers’ and customer freedoms and rights are met through corporate rights protection. For instance, the government will protect heavy industries, public utility services and the military because they cannot be delegated to other institutions.

4 months ago
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