Question

what is mixed economy ​

Answer 1

As the name suggests a mixed economy is the golden combination of a command economy and a market economy. So it follows both price mechanism and central economic planning and oversight.

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Answer 2

Answer:

A mixed economy system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for government to interfere in economic activities in order to achieve social aims.

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