- Why did India opt for mixed economy?
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Answered by
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Explanation:
Mixed economy is an economic system where decisions are taken by both public as well as private sectors. ... To meet the heavy need of growth, industrialisation, private sectors were also given chance to enter these areas of core importance. Hence, India opted for Mixed economy.
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Answered by
4
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Mixed economy is an economic system where decisions are taken by both public as well as private sectors. To meet the heavy need of growth, industrialisation, private sectors were also given chance to enter these areas of core importance. Hence, India opted for Mixed economy.
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