What Is A Mixed Economic System At The Philippines And Defined An Economic Development?
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A Mixed economic system or a Mixed economy is a kind of contemporary economic systems. It is a mixture of state owned and privately owned enterprises where elements of capitalism and socialism are combined. Philippines economy can be called a mixed economy. As the private and the government sector both are contributing to the economy. The private sector has economic freedom to a certain extent and the government intervenes by its centralized economic plans.
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.thank you for helping me in my assignment.
.hmuah!.
.goodluck. :D
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