In a modern mixed economy, who decides what goods and services will be produced?

Question

Quizplus · Accepted Answer

In a modern mixed economy, the decision of what goods and services will be produced is made by a combination of producers, consumers, and government. Producers decide what goods and services to produce based on their profit motive, consumers decide what they want to consume based on their preferences and purchasing power, and government regulations and policies shape the market by influencing the choices of both consumers and producers.

In a Modern Mixed Economy, Who Decides What Goods and Services