Multiple choice

Mixed economy means

  1. existence of both small and big industries

  2. existence of both private and public sectors

  3. existence of both primary and secondary sectors

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A mixed economy is an economic system that combines elements of both capitalism (private sector) and socialism (public sector), allowing for both market forces and government intervention.

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