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How does a mixed economic system generate revenue for the government?
  • a)
    Through donations from private businesses
  • b)
    Solely through income taxes on individuals
  • c)
    Via various means including taxation and privatization
  • d)
    By selling goods in international markets
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
How does a mixed economic system generate revenue for the government?a...
Governments in mixed economic systems generate revenue through methods like taxation, privatization of state-owned enterprises, and sale of licenses.
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