Should Canada Become A Mixed Economy

Should Canada become a market economy and adopt America’s economic principles? Currently, Canada is a mixed economy, which means the government is involved in a few businesses, but not all. As for America, a market economy, also known as a free economy, in which the government is not involved at all. In my opinion, a mixed economy is better than a market or capitalist economy. So, therefore, I think Canada should stay a mixed economy.

Mixed economies may have downsides, but not as bad as the market or capitalist economies. Mixed economies allow many more freedoms than a capitalist one, such as the freedom to possess the means of production. And due to the government being involved a little, the economy has a high level of state participation