India is a C. Mixed Economy.

Here's why:

1. A mixed economy combines elements of both the capitalist and socialist economies.

2. In a mixed economy, both private and public sectors coexist. The private sector operates much of the economy, and the government regulates it to ensure social welfare.

3. In India, the private sector exists and is responsible for a significant part of the country's economic activity.

4. However, the government also plays a substantial role in the economy. It owns and operates various industries and services, and it regulates and intervenes in the economy to ensure social welfare and economic stability.

5. Therefore, India is considered a mixed economy.

Question

India is a C. Mixed Economy.

Here's why:

1. A mixed economy combines elements of both the capitalist and socialist economies.

2. In a mixed economy, both private and public sectors coexist. The private sector operates much of the economy, and the government regulates it to ensure social welfare.

3. In India, the private sector exists and is responsible for a significant part of the country's economic activity.

4. However, the government also plays a substantial role in the economy. It owns and operates various industries and services, and it regulates and intervenes in the economy to ensure social welfare and economic stability.

5. Therefore, India is considered a mixed economy.

Knowee AI · Accepted Answer

India is a C. Mixed Economy.

Here's why:

1. A mixed economy combines elements of both the capitalist and socialist economies.

2. In a mixed economy, both private and public sectors coexist. The private sector operates much of the economy, and the government regulates it to ensure social welfare.

3. In India, the private sector exists and is responsible for a significant part of the country's economic activity.

4. However, the government also plays a substantial role in the economy. It owns and operates various industries and services, and it regulates and intervenes in the economy to ensure social welfare and economic stability.

5. Therefore, India is considered a mixed economy.

18.India is a A. Socialist economy B. Capitalist Economy C. Mixed Economy D. Communist economy

Question

18. India is a

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