Question

what is mixed economy ​

Answer 1

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 2

Answer:

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. There is no single definition of a mixed economy, but rather two major definitions.