Question

Mixed economy means:

  1. Where agriculture and industry are given equal importance
  2. Where public sector exists along with heavy doses of swadeshi in national economy.
  3. Where globalization is transferred with heavy dose of swadeshi in national economy.
  4. Mixed Economy means where public sector exists along with the private sector in national economy.

Answer:

Option D: Mixed Economy means where public sector exists along with the private sector in national economy.

Detailed Solution:

The correct answer is “Mixed Economy means where public sector exists along with the private sector in national economy. ”.

Mixed Economy means where public sector exists along with the private sector in national economy.