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A mixed economic system (also known as a Dual Economy) is just like it sounds (a combination of economic systems), but it primarily refers to a mixture of a market and command economy (for obvious reasons, a traditional economy does not typically mix well). Command economy is the opposite to a free market economy, it can be branded this way because in this economic system resources are owned and controlled by the state/government as no-one (individuals, private firms etc) is allowed to own resources which results in the non-existence of competition for economical gain in such an economy.
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