Countries
This country with a mixed market economy separated itself from a colonial power in the year 1776.
The United States of America
Businesses respond to these two things in order to drive a profit
Supply and Demand
Minimum Wage
This country has a strong market economy with social programs like Universal Healthcare and strong labor protections
Canada
Public Services
This right lets individuals buy, sell and control land or buildings. Even in a system with government involvement
The right to private property
Substantial Welfare state with a market economy
United Kingdom
How goods are produced is mainly regulated by the:
Government
These payments fund welfare protections but can cause frustration when they climb too high
Taxes
This country has a lot of government control over business with some room for private enterprise
China
In a mixed economy, who consumes the products is typically decided by the ___________
This form of government support in a mixed economy helps the poorest members of society meet basic needs
Welfare
Japan
In a mixed economy, businesses must follow ________ and ____________ set by the government.
Rules and Regulations
When private businesses get too cozy with the state, this form of misconduct can undermine trust in the system.
Government Corruption