Economy, asked by raghuveer8511, 10 months ago

Define mix economy and describe its main characteristics.​

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Answered by rejibala21
1

Answer:

A mixed economy is a system that combines characteristics of market, command and traditional economies. It benefits from the advantages of all three while suffering from few of the disadvantages. A mixed economy has three of the following characteristics of a market economy. First, it protects private property.

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