Question

what is mixed economy???? plz answer very urgent

Answer 1

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. There is no single definition of a mixed economy, but rather two major definitions

Answer 2

India adopted a mixed economy . In this type of economics setup there are both government and private enterprise working in agricultural industrial and service sector.