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Batch Of Mixed Economy Symbol Special Edition. So it follows both price mechanism and central economic planning and oversight. As the name suggests a mixed economy is the golden combination of a command economy and a market economy.

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The planning commission decides the objectives targets and allocation of resources etc. A mixed economy is that economy which includes the aspects of more than one economic system. So it follows both price mechanism and central economic planning and oversight.

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Second it allows the free market and the laws of supply and demand to determine prices. Download mixed economy stock photos. Mixed economy in india. A mixed economy is an economy organized with some free market elements and some socialistic elements which lies on a continuum somewhere between pure capitalism and pure socialism.