Mixed economy means.

Question

Accepted Answer

(b) existence of both private and public sectors — In a mixed economy, the private sector will provide whatever goods and services it can produce well and the government will provide essential goods and services which the private sector fails to do. Hence in a mixed economy, both private and public sector works together.

Answer

(A) existence of both small and large industries

Answer

(C) existence of both primary and secondary sectors

Answer

(D) none of these

Mixed economy means.

Asked in

Related questions