what is mixed economy
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An economic system combining private and state enterprise is known as mixed economy
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Answer: A MIXED ECONOMY SYSTEM IS A SYSTEM THAT COMBINES ASPECTS OF BOTH CAPITALISM AND SOCIALISM. A MIXED ECONOMY SYSTEM PROTECTS PRIVATE PROPERTY AND A ALLOWS A LEVEL OF ECONOMIC FREEDOM TO USE OF CAPITAL, BUT ALLOWS FOR GOVERNMENTS TO INTERFERE IN ECONOMIC ACTIVITIES IN ORDER TO ACHIEVE SOCIAL AIMS .
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