Why Mixed Economies Are The Best
Why Mixed Economies Are The Best Economies
Mixed economies, the economy known for opportunities and investments. In a mixed economy, as tons of people have proved throughout the years, one can get filthy rich. I'm talking millions and millions and millions. You don't hear about people in North Korea's command economy (or as close to command there is) making millions off an idea they had. You know why? The people did not get the credit they deserve, in fact the government takes all the credit and most of the money. People are fleeing from all over creation to the mixed economies of the world, especially the United States because they know they have the freedom to create what they want without the government taking any credit. If you don't believe me, the United States have created copyrights, which allows anybody with an idea or creation to copyright it so nobody else can steal your idea, nor money. This economic system, besides a free market, have proven to be the most efficient. There are instances where a free market has worked out. For example, in Hong Kong, they have become widely successful in the markets because the government does not regulate anything. However, if the government does not regulate anything, how do public facilities like schools, roads, libraries, or parks get built? If the government is not doing it, then who is? In addition, in free enterprise economies, they tend to develop division among the civilians. Since the government does not provide hardly anything, only the rich can provide for their children to go to school. The rich can afford medical care, sports, etc. while the poor are left on their own just to survive. Even though traditional economies have proven to be stable throughout the years, there is no expectations for these economies to grow. Since they only produce the necessities for themselves to survive, there is no room for growth. Everybody does a certain job, but they aren't trading with other countries. They are focused on producing what they have always done, even if it has been thousands of years. To conclude, mixed economies are the best out of the four economic system because this system protects the individuals the best, allowing them to take chances on what they want to do.
Mixed economies, the economy known for opportunities and investments. In a mixed economy, as tons of people have proved throughout the years, one can get filthy rich. I'm talking millions and millions and millions. You don't hear about people in North Korea's command economy (or as close to command there is) making millions off an idea they had. You know why? The people did not get the credit they deserve, in fact the government takes all the credit and most of the money. People are fleeing from all over creation to the mixed economies of the world, especially the United States because they know they have the freedom to create what they want without the government taking any credit. If you don't believe me, the United States have created copyrights, which allows anybody with an idea or creation to copyright it so nobody else can steal your idea, nor money. This economic system, besides a free market, have proven to be the most efficient. There are instances where a free market has worked out. For example, in Hong Kong, they have become widely successful in the markets because the government does not regulate anything. However, if the government does not regulate anything, how do public facilities like schools, roads, libraries, or parks get built? If the government is not doing it, then who is? In addition, in free enterprise economies, they tend to develop division among the civilians. Since the government does not provide hardly anything, only the rich can provide for their children to go to school. The rich can afford medical care, sports, etc. while the poor are left on their own just to survive. Even though traditional economies have proven to be stable throughout the years, there is no expectations for these economies to grow. Since they only produce the necessities for themselves to survive, there is no room for growth. Everybody does a certain job, but they aren't trading with other countries. They are focused on producing what they have always done, even if it has been thousands of years. To conclude, mixed economies are the best out of the four economic system because this system protects the individuals the best, allowing them to take chances on what they want to do.
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