Answer:
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Explanation:
The following are the main characteristics of mixed economy:
Co-existence of the Private and Public Sectors.
Existence of Joint Sector.
Regulation of Private Sector.
Planned Economy.
Private Property.
Provision of Social Security.
Motive of Business Concerns.
Reduction of Inequalities of Income and Wealth.
However, governments wield significant influence over the economy through monetary and fiscal policy and regulation. Characteristics of mixed economies include welfare systems, employment standards, environmental protection, publicly owned enterprises, and antitrust policies