Demerits of Mixed Economy

Demerits of Mixed Economy:

1. Lack of Co-ordination:

The coordination among the public and private sectors is reduced in a mixed economy. Public sector spends enormous public resources for infrastructure. The private sector goals at profit maximization by employing the infrastructure generated by the public sector. However they lack social responsibility and fail to spend for public causes such as health & education. The private sector too dislikes any restriction forced on it by the government.

2. Red –tapism and delay by Public Sector:

There is every chance which the public sector works inadequately. There is too much of red-tapism and corruption leading to delays in decision making and project implementation. They outcome in inadequacy and also affect the production.

3. Economic Fluctuations:

Mixed economies experience the economic fluctuations. On one hand, the private sector does not operate beneath very rigid conditions set by the government. On another hand, the public sector also does not operate under very firm conditions enforced by the planned economy. The lack of policy coordination among private and public sector outcomes in economic fluctuations.

 

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Basic Economic Problems help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Basic Economic Problems, project ideas and tutorials. We provide email based Basic Economic Problems help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Basic Economic Problems. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Basic Economic Problems. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.

©TutorsGlobe All rights reserved 2022-2023.