Question

explain feature of mixed economy..??
plz describe feature not the definition ​

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:

(iv) Economic Planning:

(v) Price Mechanism and Controlled Price:

(vi) Profit Motive and Social Welfare: