Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

The mixed economy is:

Options:

presence of subsistence and commercial farming

co-existence of traditional and modern industries

a market system of resource allocation, commerce, and trade in which free markets coexist with government intervention

presence of domestic and foreign investments

Correct Answer:

a market system of resource allocation, commerce, and trade in which free markets coexist with government intervention