what is mixed economy?
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Mixed economy has the characteristics of both public sector and private sector i.e,socialist and capitalist economy...Under this sector most important sectors are controlled by public run enterprises and rest of the sector is under private sector....
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Mixed Economy
Explanation:
- An economic arrangement in which both the private industry and a range of state copyright regularly in government services, security, support, and basic enterprises accompany.
- All contemporary economics are mixed where the means of reproduction are distributed between the private and public divisions. It also pronounced a binary economy.
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