what is necessary for smooth running of mixed economy...
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A mixed economy is variously defined as an economic system blending elements ... In this framework, varying degrees of public utilities and essential services are provided by government
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Coexistence of All Sectors: In a mixed economy all three sectors coexist in harmony, i.e. private sector, public sector, and joint sector. The joint sector is jointly run by the government and private companies, with at least 51% ownership belonging to the state.
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