what is mixed economy
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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
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Hola !
Mixed economy protects private properties and allows a level to economic growth for the use of anyone.
It is consists of characteristics of both command and free market ecomomy.
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