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Commerce · Q31

Economics

Graduate and Post Graduate · Commerce · question 31

Q31

A mixed economy is characterized by the co-existence of

A.
Modern and traditional industries
B.
Public and private sectors
Answer
C.
Foreign and domestic investments
D.
Commercial and subsistence farming

Answer: Option B

Solution

Answer: Option B
Solution:
A mixed economy is characterized by the co-existence of Public and private sectors. Mixed economies, with state-supervised markets, are most related to fascism (in the economic sense) and have several common features.