At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A 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).