Question

6. "Mixed economy is a perfect system to follow for a country because it
does not suffer from any drawbacks." Comment and support your
answer with reasons.
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Answer 1

Answer:

mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.

According to neoclassical theory, mixed