Economy, asked by Anonymous, 5 months ago

U.S.A economy features that are not found in Indian economy.

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Answered by komalatejasri

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The economy of India is characterised as a developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP). According to the IMF, on a per capita income basis, India ranked 142nd by GDP (nominal) and 124th by GDP (PPP) in 2020.

mixed economy

The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism. Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.

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U.S.A economy features that are not found in Indian economy.