What is one possible effect of high unemployment in a mixed market economy?

A mixed market economy is a system in which both the private sector and the state control the economy. It reflects the properties of both the planned economy and market economy. There are a variety of government-sponsored aspects along with strong regulation. High unemployment in a mixed market economy leads to a lack of income and it weakens the buying power for many people leading to a rich and poor divide.

president thomas jefferson hoped that the embargo act of 1807 would the united states by demonstrating to britain and france their dependence on american goods, convincing them to respect american neutrality and stop impressing american seamen. instead, the act had a devastating effect on american trade.