Question

What is a mixed economy

Answer 1

Answer:

A mixed economy is discussed below.

Explanation:

• A mixed economic method is a practice that blends characters of both socialism and capitalism.
• A mixed economic method preserves individual resources and provides a level of economic independence in the use of assets, but also provides for management to intervene in economic ventures to manage social purposes.

Answer 2

Hello.

The answer is:

an economic system combining private and public enterprise.

A mixed economy is a system that combines characteristics of market, command and traditional economies.he government’s role in other areas depends upon the priorities of the citizens. In some, the government creates a central plan that guides the economy.

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