Definition of Mixed Economy
CMAT 2021 · Innovation & Entrepreneurship · Easy · Innovation and Entrepreneurship
Mixed Economy refers to
- A.
Coexistence of small and large industries
- B.
Coexistence of agriculture and industry
- C.
Coexistence of public and private sector
- D.
Coexistence of domestic and foreign enterprises
Answer
C
Explanation
A mixed economy is an economic system combining private and public enterprise.
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