ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An economy that has characteristics of both market and command economic systems
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traditional economy
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command economy
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market economy
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mixed economy
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Explanation:
Detailed explanation-1: -As the name suggests a mixed economy is the golden combination of a command economy and a market economy. So it follows both price mechanism and central economic planning and oversight. The means of production are held by both private companies and public or State ownership.
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