Managing in a Mixed Economy Essay Example | Topics and Well Written Essays - 750 words

Managing in a Mixed Economy - Essay pillowcaseWashington square which is a Royal institution of the Chattered Surveyors was also established in 2007 and is regarded as the scoop up commercial project in the England region (Byers, 1998).The high quality iron ore that is phosphorus free in Cumbria south of Workington is the main source of income in the region. It is the largest steel production area and therefore attracts a chaw construction companies, car assembly and many types of firms engaging in steel works. Examples of these firms are the Disington Engineering party (DEC) and the British Steel Corporation (BSC).Due to the heavy investment in the region, the government must bewilder in some resources to create a peaceful investment field. The government investment is in pull in with the nature of mixed economy. Mixed economy refers to an economic system whereby the rural area engages itself to the economic activities in collaborationism with the private sphere. State funct ions are always reflected by planning of the economy while the private sector is characterized by market economies. This arises because the private sector works for the sole purpose of accruing profit. On the other hand, the state or normal sector is not necessarily concerned by profit but by protecting her citizens by providing a platform for the operation such as infrastructure, security and other marginal services. The English government has hugely invested her resources to the town in order to give the investors some specific benefits so that they can continue to invest in the highly resourceful town.One major form of public investment is the establishment of a good security system popularly referred to as the Workington law of nature station. The police station offers security not only to the iron and steel manufacturing companies but also the other adjuvant companies like banks, hotels and even the families and workers.For the police to offer efficient