Which of the following option denotes an

CUET Preparation Today

Start Free Mocks

Home Questions CTG4XQURVY

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

Which of the following option denotes an economy having a co-existence of private and public sectors?

Options:

Capitalist economy

Socialist economy

Mixed economy

Neo Socialist Economy

Correct Answer:

Mixed economy

Explanation:

The correct answer is option 3: Mixed economy

A mixed economy has co-existence of private and public sectors.