mixed economy means;
A.existence of master and servant
B.existence of private sector only
C.co-existence of heavy and small industry
D.co-existence of both public and private sector
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C.co-existence of heavy and small industry
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A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
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