Question

Development is a wall mixture of goals Justify your answer

Answer 1

A mixed economy is variously defined as economic system blending elements of market economics with elements of planned economies, free markets with state interventionism with public enterprise. There is not only one definition of a mixed economy, but there are two major definitions recognized for 'mixed economy'. The first of these definitions refers to a mixture of markets with state interventionism, referring to capitalist market economies with strong regulatory oversight, interventionist policies and governmental provisions for public services. The second definition is apolitical in nature and strictly refers to an economy containing a mixture of private enterprise with public enterprise.