Question

The market system in India is ​

Answer 1

Answer:

The economy of India is characterised as a middle income developing market economy. It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). ... Apart from private consumption, India's GDP is also fueled by government spending, investment, and exports

Answer 2

Explanation:

In India, distribution system is primarily in the private sector. ... Thrust of distribution is mainly on the urban areas which have more concentrated population and have more purchasing power. Therefore, our main marketing is in the urban areas and the marketing pattern is designed in that way.