Question

What are the Characteristics of Mixed Economy?.Find out from the following:

i.Existence of both private and public sectors.

ii.Economy works on the principle of planning

iii.Importance to welfare activities

iv.Existence of both freedom of private ownership of wealth

and economic control

• A. i,ii and iv only
• B. ii and iii only
• C. iii and iv only
• D. i,ii,iii and iv

Answer 1

Answer:

D. i,ii,iii and iv