India's economy is of mixed type. give an explanation
Answers
Answer:
India has several communities: Hindu, muslim, Sikh, adivasis etc. these all communities follow their different religions.
Explanation:
Hindu do their poojaz, Muslim go for namaz and sikkh people wear pugri
Answer:An economic system in which both the private enterprise and a degree of state monopoly (usually in public services, defense, infrastructure, and basic industries) coexist. All modern economies are mixed where the means of production are shared between the private and public sectors. Also called dual economy
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advantage ...
A mixed economy permits private participation in production, which in return allows healthy competition that can result in profit. It also contributes to public ownership in manufacturing, which can address social welfare needs.