Explanation:
Here are some characteristics of a mixed economy:
1. Co-existence of the Private and Public Sectors.
2. Existence of Joint Sector.
3. Regulation of Private Sector.
4. Planned Economy.
5.Private Property.
Answer:
The following are the main characteristics of mixed economy:
● Co-existence of the Private and Public Sectors.
● Existence of Joint Sector. ...
● Regulation of Private Sector. ...
● Planned Economy.
● Private Property.
● Provision of Social Security.
● Motive of Business Concerns
● Reduction of Inequalities of Income and Wealth.
● Complete economic freedom.
