Question

1. Types of economic systems
a) Capitalism b) Industrially advanced state
c) First choice of domestic and foreign investors d) Mixed Economy.​

Answer 1

Answer:

Capitalism

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

Industrially advanced state

Industrial Development & Economic Growth in Maharashtra. Maharashtra is situated in the western region of the country.

First choice of domestic and foreign investors

Maharashtra has also been the first choice of domestic and foreign investors.

Mixed Economy

An economic system combining private and state enterprise.

Answer 2

Answer:

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