Question
Mixed Economy means :
Answer: Option B
Answer: (b)
A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or free markets and economic interventionism.
All modern economies are mixed where the means of production are shared between the private and public sectors.
Was this answer helpful ?
Answer: (b)
A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ownership and private ownership, or free markets and economic interventionism.
All modern economies are mixed where the means of production are shared between the private and public sectors.
Was this answer helpful ?
Submit Solution