The South African mixed economy is a combination of both centrally planned and market-based economic models. In a centrally planned economy, the government makes all the major decisions about what goods are produced and the prices at which they are sold. This system is often characterized by inefficiencies due to the lack of incentives for producers, as well as limited consumer choice. In contrast, in a South African mixed economy, the government still has control over some economic decisions, but there is also a large degree of private sector involvement. This allows for more competition and greater efficiency, as well as greater consumer choice. Additionally, the government is able to provide support to specific sectors, such as agriculture, that may be struggling in the free market system.