Question

explain the concept mixed economy

Answer 1

mixed economy

noun

noun: mixed economy; plural noun: mixed economies

an economic system combining private and state enterprise.


Hope I helped u
please mark as brainliest answer

Answer 2

Heya...

Basically there r two models of economy one is socialism in which govt plays great role in resources and other is capitalism in which private sector has freedom ....

But India chooses the policy of Mixed income.....In which govt gives the freedom to private sector for industries set up any enterperur can do according to him but govt done work for social welfare...