Question

basic features of mixd economy?​

Answer 1

Answer:

Main Features of Mixed Economy:

Mixed economy has following main features:

(i) Co-existence of Private and Public Sector:

(ii) Personal Freedom:

(iii) Private Property is allowed:

Answer 2

Answer:

Basic features of mixed economy are :-

• Personal freedom
• Private property
• Profit motive and social welfare
• Price mechanism and controlled price

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