Why To Choose Mixed Economy As Our Economy?
Why we have chosen mixed economy what are the reasons for selecting it?
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asked 2 years ago
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Mixed economy may incorporate more than one facets of economic theory. Its usually a mix of socialism and capitalism. So that we have state owned and privately governed corporates at the same time. The kickback comes from reaping the benefits of both systems. The government manages control and maintains certain standards in calibrating a more 'people oriented' approach. At the same time it ensures certain checks on privately governed bodies.
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