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Which system combines features of both capitalism and socialism, aiming to balance private and public interests?

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Question

Which system combines features of both capitalism and socialism, aiming to balance private and public interests?

Options

  • Mixed Economy

  • Socialist Economy

  • Feudal Economy

  • Capitalist Economy

MCQ
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Solution

Mixed Economy

Explanation:

A mixed economy integrates elements of capitalism and socialism, blending private enterprise with government intervention.

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