The economies of India and Brazil are mixed type ka answer
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The economy of India and brazil are mixed types ,because there is co-relation between the public and private sectors of these two nations. e.g :- All types of heavy goods are loaded in the train. The train is a public sector, but the goods which are carried in train are private sectors.
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- In a mixed economy there is a coexistence of both public and private sector.
- In a various factors such as banking, railway, airways, electricity production, iron and steel industry, health-education, telecommunication etc. are owned by the public as well as private sector in mixed economies.
- its main goal is to strike a balance between profit and social welfare.
All these characteristics of mixed economy are present in Brazil and India. therefore there is a mixed economy in both.
here is your answer all the best
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