Give the merits of mixed economy.

1.	Give the merits of mixed economy.
Answer» Merits of mixed economy are: 1. Full liberty of trade and consumption. 2. Rapid economic development. 3. Efficient use of resources. 4. Decrease in economic inequalities. 5. Easy control on trade cycles.

Answer»

Merits of mixed economy are:

1. Full liberty of trade and consumption.

2. Rapid economic development.

3. Efficient use of resources.

4. Decrease in economic inequalities.

5. Easy control on trade cycles.

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