1 The average electric furnace cost is $1,750 to $3,500 installed. 2  The typical gas furnace cost is $3,000 to $6,000 installed, although higher efficiency models and/or complex installations could push the cost up to $7,500 to $10,000 or more.
The great characteristic of a centralized economy is that all economic activities are directed or planned by a central authority so that the people are subjected to a hierarchical control. Every man has a superior whom he must obey. The most outstanding examples of the centralized economy are:
mixed economy Definition An economic system in which the government imposes boundaries on capitalism to limit the concentration of power and achieve social balance. The U.S. economic system is a mixed economy. Compare to Laissez-Faire. Use mixed economy in a sentence. â 1  Despite what the people enamored with pure capitalism think, here in the United States we enjoy the benefits of a mixed economy. â 2  The government teacher explained to his students about Americas mixed economy and how its causes and effects over time compared to other nations.