Government regulation of business in a mixed market economy only occurs when it is essential. Financial rules to keep firms fair and competitive.
Government regulation safeguards personal freedoms, public security, and business owners. The private sector may be taxed by governments in an effort to redistribute wealth, and they may also use tax revenue to advance social goals. Government involvement is frequently seen in mixed economies through trade protection, subsidies, targeted tax credits, fiscal stimulus, and public-private partnerships. An economic system that combines parts of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise is referred to as a mixed economy. A blend of free-market and socialist ideals characterizes all mixed economies. The government has some powers in mixed economies. control, with supply and demand determining the rest. Large surpluses and shortages, monopolies, and government-set prices are traits of command economies.
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