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  • 13-06-2021
  • Social Studies
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what are the characteristics of mixed economy system ​

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  • 13-06-2021

Answer:

A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals.

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