Question

Explain any two characteristics of indian economy on the basis of which you can say that Indian economy is a mixed economy.


In 40 to 60 words

Answer 1

Hello!!!!!! Here is your answer........
Indian economy is mixed economy we can prove this with these points.....
1 Traders are free for production as there is market demand there are no particular restrictions of govt and yaa there is also needed to take permission for it.....
2 Where producers applied for their profit maximization ,,, same govt provides social security as mid day meal old age pension for social welfare.....
So we can say..... India is a mixed economy where the free play of market exist with role of govt....