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What is a major feature of a mixed economy that allows both public and private sectors to operate?

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Question

What is a major feature of a mixed economy that allows both public and private sectors to operate?

Options

  • Monopoly by government departments

  • Two-sector partnership

  • Absence of any planning

  • Only fair pricing system

MCQ
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Solution

Two-sector partnership

Explanation: 

Public and private sectors collaborate in a mixed economy to achieve growth and welfare.

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