GK
INDIAN ECONOMY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
The term “mixed economy” denoted:
|
|
existence of both rural and urban sectors
|
|
|
existence of both private and public sectors
|
|
|
existence of both heavy and small industries
|
|
|
existence of both heavy developed and underdeveloped sectors
|
Explanation:
Detailed explanation-1: -Existence of both developed and underdeveloped sectors.
Detailed explanation-2: -Under a Mixed Economy, the private and public sectors coexist.
Detailed explanation-3: -Types of Mixed Economies #1 – Partial State Control – The ownership of factors of production. read more like a factory, machinery, the plant is owned by the private entities, and the government plays a regulatory role. #2 – Total Government Control – The state directly influences the functioning of the entities.
There is 1 question to complete.