what is the common objective between capitalist, socialist, and mixed economies.

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23-02-2015
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what is the common objective between capitalist, socialist, and mixed economies.

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dianalpott dianalpott · Answer 1 · 2015-02-23T09:15:41-05:00

dianalpott dianalpott

23-02-2015

An objective that's common to both capitalism and socialism (and thus mixed economies) is production. Both systems rely on the production of goods and services (except that in capitalism one produces for profit and in socialism one produces for use--i.e. one produces according to human needs, not wants).

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