Question

what is economy? write down the main feature of Indian economy​

Answer 1

Explanation:

Indian economy is termed as the developing economy of the world. Some features like low per capita income, higherpopulation below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.

Answer 2

Answer:

here's your answer mate!

Explanation:

An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.

MAIN FEATURES :-

Indian economy is termed as the developing economy of the world. Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world.

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