what is mixed economy
Answers
Answered by
2
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
Answered by
0
Explanation:
Mixed economy refers to an economic system combining private and state enterprise.
Similar questions