SA's mixed economy

Definition

In a mixed economy a portion of economic activity is delegated to private firms and the other portion is performed by the state

Extra to intro

Portion performed by the state is usually tasks that are unmanageable. For the private sector

SociL and public services

In SAs mixed economy, government intervention is limited to ____________

Market price

Government has very little influence on _______

Privatization and nationalism

SAS mixed economy allows for

Privatization

The transfer of government assets to the private sector

Essentials

Public sector is responsible for _______

Stability, growth and job creation

SAS mixed economy allows for more economic _____

Anti-monop9ly laws

Government enforces

Progressive taxation

Ensures equity in tax collection

Unemployed and inequality

SAS mixed economy face high rates of

Corruption

Sa is known to engage in

There is an over saturation saturation of

Businesses in urban areas