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what is mixed economy? please answer it with suitable examples
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Answer / dev
India is a mixed economy . Mixed economy means every
company is not owned entirely by government or
industrialists. It means There would be some companies in
which are owned and totally managed by industrialists. The
government doesn't interfere.
Whereas there are companies
which are totally run by the goverment of India. Take the
example of Air India which is one of the companies the
goverment runs.
| Is This Answer Correct ? | 10 Yes | 8 No |
Answer / jitendra shah
Where the means of production owned by
both private and goverment sector that is called mixed economy
| Is This Answer Correct ? | 0 Yes | 0 No |
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