Question

What are the main characteristics of a mixed economy?

Answer 1

Step-by-step explanation:

Here are some characteristics of a mixed economy:

1. Co-existence of the Private and Public Sectors.

2. Existence of Joint Sector.

3. Regulation of Private Sector.

4. Planned Economy.

5.Private Property.

Answer 2

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.

● Complete economic freedom.

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