Q244
Mixed economy means an economy where
A.
Both agriculture and industry are equally promoted by the state
B.
There is co-existence of public sector along with private sector
AnswerC.
There is importance of small scale industries along with heavy industries
D.
Economy is controlled by military as well as civilian rulers
Answer: Option B
Solution
Answer: Option B
Solution:
Mixed economy means an economy where there is co-existence of public sector along with private sector. All modern economies are mixed where the means of production are shared between the private and public sectors. Also called dual economy.