what is mixed economy
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Answer:
MIXEDECONOMY:−
✸ When all the economic activities will be owned and many by both public and private sector it,can be called as "Mixed Economy" .
✸ The government and the market together answer the three questions of what produce ,How to produce and for whom to produce .
✸ In a mixed economy in the market will provide whatever goods and services it can produce well ,and Government will provide important goods and services which the market fails to do
Answer:
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.
A mixed economy consists of both private and government/state-owned entities that share control of owning, making, selling, and exchanging good in the country.
A mixed economy moniters the power of monopolies.
with a mixed economy include Iceland, Sweden, France, the United Kingdom, the United States, Russia and China.
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