Mixed economy refers to ........

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Mixed economy refers to

The coexistence of heavy, small scale and cottage industries

The promotion of agriculture as well as cottage industries

The coexistence of rich as well as poor

Co-existence of public as well as private sector

Explanation:

Mixed economy refers to a state of economy that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.