Explain The Operation Mechanism Of The Mixed Economic System.


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neil kenes Profile
neil kenes answered
I thought that the GOVERNMENT RUN ENTERPRISES should be run for "non-profit" and they are usually UTILITIES and PUBLIC SERVICE like POLICE and schools... Either paid for by TAXES or fees that cover the costs of operation and research and developments etc..
The rest should be more or less LEFT to free market enterprise...
Aisha Profile
Aisha answered
A mixed economy is an economic system which incorporates the characteristics of several different economic systems. This means that an economy has both private-owned and state-owned enterprises or it combines elements of capitalism and socialism, or a mix of market economy. To see more details, see the link below:

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