Explain concept of Mixed economy
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A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. There is no single definition of a mixed economy, but rather two major definitions.
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Anyushka47:
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mixed economy consists of both private companies and government /state owned entities.Both have control of owning, making selling,and exchanging goods in the country this can be defined as mixed economy.
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