Exams › SSC CGL (Prelims) › General

Mixed economy implies:

1. State ownership only
2. Private ownership only
3. Coexistence of public and private sectors
4. Foreign investment only

Correct answer: Coexistence of public and private sectors

Solution

A mixed economy combines features of both public and private ownership. In such an economy, government and private sectors coexist and participate in economic activities.

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