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an economic system combining private and public enterprise.

A mixed economy is a system that combines characteristics of market, command and traditional economies.he government’s role in other areas depends upon the priorities of the citizens. In some, the government creates a central plan that guides the economy.


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Answer:

A mixed economy is discussed below.

Explanation:

  • A mixed economic method is a practice that blends characters of both socialism and capitalism.
  • A mixed economic method preserves individual resources and provides a level of economic independence in the use of assets, but also provides for management to intervene in economic ventures to manage social purposes.