1.

Give reasons:There is mixed economy in Brazil and India.

Answer»
  • In a mixed economy there is a co-existence of public sector and private sector.
  • In Brazil, sectors like health, banking, telecommunications, railways and airways are owned and managed by both public and private sectors.
  • In India railways is largely a public sector whereas all the other sectors are owned and managed by both private and public sectors.
  • So it is said that there is a mixed economy in Brazil and India.


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