InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
"Mixed economies are a golden path of economic development". explain in the context of India. |
|
Answer» As the name suggests a mixed economy is the GOLDEN combination of a command economy and a MARKET economy. So it follows both price MECHANISM and central economic PLANNING and oversight. The means of PRODUCTION are held by both private companies and public or State ownership. |
|