Question

What are the characteristics of the Indian Economy answer in short​

Answer 1

Answer:

Indian economy is a mixed economy, both public and private sector coexist and participate in production process. It is characterized by high population density and population growth. Approx 30% live below poverty line. There is high level of unemployment, under employment and disguised employment.

Answer 2

Explanation:

Characteristics of Indian economy :

• Low per capita income
• Pre - dominise of agriculture
• Low development of industrial
• Capital deficiency
• High rate of population growth
• High rate of unemployment