Economy, asked by shergillsandeepkaur3, 11 days ago

what is mixed economy??​

Answers

Answered by mamathathallapelli52
0

Answer:

A mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

Answered by SarahEmad
2

Answer:

A mixed economic 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 governments to interfere in economic activities in order to achieve social aims.

Similar questions