India is a:
capitalist economy
socialist economy
state controlled economy
mixed economy
samrudhi15:
socialist country
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India has mixed economy...
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India has mixed economy...
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Mixed Economy
A command economy a golden mixture of capitalism and socialism.
The term ‘mixed economy’ is used to describe an economic system, such as that found in India, which seeks to compromise between capitalism and socialism. In such a form of economy, the elements of government control are combined with market elements in organising production and consumption.✏️✏️✏️✏️✏️..
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