The Main advantages and disadvantages of mixed economy system

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Professional Higher Education Bachelor's Programme

"European business Studies"

Course paper in Economics

THE MAIN ADVANTAGES AND DISADVANTAGES OF MIXED ECONOMIC SYSTEM

Author: Anastasija Zencika

Group L-0-H

Supervisor: Vasja Pupkina

TABLE OF CONTENTS

1. Introduction 3

1.1. Relevance 3

1.2. The aim of the paper 3

1.3. Main tasks 4

1.4. Methods used and structure of the paper 4

2. Literature survey 5

2.1. Traditional economy 5

2.2. Command economy 5

2.3. Market economy 7

2.4. Mixed economy 8

2.5. New economy 8

3. Economic Analysis 10

3.1. Macroeconomic indicators for USA 10

3.2. Macroeconomic indicators for United Kingdom 13

3.3. Macroeconomic indicators for Norway 16

3.4. Macroeconomic indicators for China 19

3.5. Macroeconomic indicators for France 22

3.6. Comparative analysis 25

4. Conclusions 27

5. Recommendations 28

References 29

1. Introduction

1.1. Relevance

Today many people start thinking about things that never concerned them before. I think that five years ago there were two times less people who had at least basic insight in economics and how finances work