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Mixed economies _____. are run by private enterprise are run by the government combine elements of traditional and planned economies include some form of government economic planning
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DEFINITION of 'Mixed Economic System' An economic system that features characteristics of both capitalism and socialism. A mixed economic system allows a level of private economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
what do you gather from this paragraph
it has to do with business
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