Question

During the cold war, India had a mixed economy as_____________

a. it was non aligned

b. both public and private sector played an important role.

c. it had adopted the economic pattern of soviet union.​

Answer 1

Answer:

wait i will give you answer after 5mins

Answer 2

Answer:

(b) both public sector and private sector played an important role.

Explanation:

An economic system that combines parts of a market economy with elements of a planned economy, markets with state interventionism, or private enterprise with public enterprise is referred to as a mixed economy.  A blend of free-market and socialist ideals characterises all mixed economies. [5] While there is no one definition of a mixed economy, one definition focuses on a mix of markets with state interventionism, specifically referring to a capitalist market economy with strict regulatory monitoring and significant market interventions. Another is the active fusion of socialist and capitalism ideologies. Another term is apolitical in character and refers solely to an economy that combines private and governmental activity.

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