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Mixed Economy 2.pptx

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Mixed Economy 2.pptx

  1. 1. • A mixed economy consists of both private and government/state- owned entities that share control of owning, making, selling, and exchanging good in the country. It is also variously defined as an economic system blending elements of markets economies with elements of planned economies, free markets with public enterprises. There is no single definition of a mixed economy, but rather two major definitions. • It has all the advantages of a market economy. First, it distributes goods and services to where they are the most needed. It allows prices to measure supply and demand. Second, it rewards the most efficient producers with the high profit.
  2. 2. Sample of Mixed Economy

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