what is mixed economy
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A mixed economy means that part of the economy is left to the free market, and part of it is managed by the government. Mixed economies start from the basis of allowing private enterprise to run most businesses.
Characteristics of Mixed Economy
1.Co-existence of the Private and
2.Public Sectors.
3.Existence of Joint Sector...
4.Regulation of Private Sector...
5.Planned Economy...
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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 enterprises.
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