Question

with the help of an example explain the meaning of mixed economic​

Answer 1

Explanation:

relating to economic or economy

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Answer 2

Answer:

A mixed economy system combines both the features of a capitalist and socialist economy.

Explanation:

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. The means of production are held by both private companies and public or State ownership.

Example

Indian economy is called a mixed economy because it is neither completely socialist nor capitalist