Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

In a mixed economy, which factor determines the goods and services to provided by the government?

Options:

Consumer demand

Market forces

Individual preferences

None of the above

Correct Answer:

None of the above

Explanation:

In a mixed economy, the market will provide whatever goods and services it can produce well, and the government will provide essential goods and services which the market fails to do.