Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Join our platform to connect with experts ready to provide accurate answers to your questions in various fields. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

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

Sagot :

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).