what is mixed economy
Answers
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
Heya....
Mixed economy ____
Mixed economy is that economy in which all the aspects of capitalist and socialist economy exist...
Both the government and private sector works together as govt for social welfare and private sector to earn profit...
India is also having mixed economy where market are free to take decisions and government secure poor rights
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