A mixed economy makes sense for a democracy with a diverse population with many competing interests because it is a system that encompasses two or more types of government, thus increasing freedom of choice, encouraging economic development and equity.
It corresponds to a system where there is an understanding of aspects related to capitalism and socialism, that is, capital is derived from the private sector, but also from the government. This type of economy can strengthen democracy when the government uses financial resources for social development, such as public policies covering education and health, for example.
Therefore, the advantages of a mixed economy are balance and the freedom to own private property, while the government also has funds for maintaining the quality of life, opportunities and rights of individuals.
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