Answer:
Mixed economy is the economic system of the economy which contain features of both capitalist and socialist economy.
Step-by-step explanation:
- A mixed economy is the system of an economy that has a mix of the economy.
- A mixed economy is the blending of a Market and a command economy.
- A mixed economy market place takes care of people's needs and wants.
- In a mixed economy, government make rule and regulations for the market.
- The mixed economy is considered as the best economic system by the economist until now.