Topic > Advantages and Disadvantages of Economic Systems
Before talking about the shortcomings of mixed economy, it can be seen that it also contains some weaknesses of planned economy and market economy. Initially, resources may not be fully exploited. This is also the denominator of the command economy because it limits the government. It will reduce the available amount of resources and traders will not be able to satisfy the real needs they want. Therefore, the supply may be reduced, which will affect the entire market or country. Furthermore, due to government intervention, private businesses cannot contribute as much as they would like. It is easy to be an obstacle to progress for the government, always being the party that checks and balances the state of affairs
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