Economics Mixed Economy Questions
A mixed economy addresses unemployment through a combination of government intervention and market forces. The government implements policies such as fiscal stimulus, job training programs, and unemployment benefits to reduce unemployment rates. Additionally, the market forces of supply and demand play a role in creating job opportunities as businesses expand and consumer demand increases. The government also regulates the labor market to ensure fair employment practices and protect workers' rights. Overall, a mixed economy aims to strike a balance between government intervention and market dynamics to address unemployment effectively.