what are the cons of a mixed market economy for most citizens? select four answers. there may be a sizable…

what are the cons of a mixed market economy for most citizens? select four answers. there may be a sizable gap between rich and poor people. it can be very difficult for citizens to start private businesses. citizens must pay for most basic necessities by themselves. there is no guarantee of steady employment for many citizens. citizens may pay higher taxes than in other economic systems. citizens often purchase their own health care and higher education.

what are the cons of a mixed market economy for most citizens? select four answers. there may be a sizable gap between rich and poor people. it can be very difficult for citizens to start private businesses. citizens must pay for most basic necessities by themselves. there is no guarantee of steady employment for many citizens. citizens may pay higher taxes than in other economic systems. citizens often purchase their own health care and higher education.

Answer

Brief Explanations:

In a mixed - market economy, market forces and government intervention co - exist. The gap between rich and poor can widen due to market inequalities. Lack of employment guarantee is common as businesses operate based on market conditions. Citizens often have to pay for basic needs like healthcare and education privately. Higher taxes can also be a consequence of government spending in the economy. Starting private businesses is not typically a major con as there is usually some level of support for entrepreneurship.

Answer:

  • There may be a sizable gap between rich and poor people.
  • Citizens must pay for most basic necessities by themselves.
  • There is no guarantee of steady employment for many citizens.
  • Citizens may pay higher taxes than in other economic systems.
  • Citizens often purchase their own health care and higher education.