Canadian mixed economy
i.The government does only own part of the Economy.
ii.The governments involevence changes from time to time depending the political party in charge.
iii.Resources are privately and publicly owned.
iv.The government and individuals make decisions about what to prdoduce.
American Market Economy
i. The Government is not involved.
ii. Resources are prevately owned.
iii.Decisions on how to use all thier resources are made by the individuals.
iv.Decisions to drive the economy are made by individual consumers by chossing what to buy
i.Very competitive
ii.Consumer and producer, Goods and services and also money and lobar
Mixed Economy and Market Economy
(author: Hammad
Jahangir)
