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An economy in which both the public and private sectors contribute to economic growth is...

Economics
JAMB 2013

An economy in which both the public and private sectors contribute to economic growth is as

  • A. feudal economy
  • B. capitalist economy
  • C. socialist economy
  • D. mixed economy
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Correct Answer: Option D
Explanation

A mixed economy is an economic system combining private and state enterprise. This means economic activities in a country are undertaken by both private indiduals and the government.

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