Mixed economy.what does it mean?
Answers:
It means partly state-run, partly privately run. In reality, every economy is a mixed economy, because government always plays at least a small part (the military for example) and private enterprise continues - if only on a small scale - in the most totalitarian state.
A mixed economy is an economy that has a mix of economic systems. It is usually defined as an economy that contains both private-owned and state-owned enterprises or that combines elements of capitalism and socialism, or a mix of market economy and command economy.
An economy which is run/owned by a mixture of Government/State institutions and the Private Sector, PLCs Ltd. companies and so on.
An economy with multiple resource generators (agriculture, IT, energy)
-Amit
http://www.ipatrons.com
some government and some private businesses. in a short
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