Practicing Success
The economic environment in India consists of various macro-level factors related to the means of production and distribution of wealth which have an impact on business and industry. These include: |
In the context of the economic structure in India, the recognition of the role of both public and private sectors is characteristic of: |
Pure capitalism Command economy Mixed economy Socialism |
Mixed economy |
The passage specifically notes that the economic structure in India is a mixed economy, recognizing the role of both public and private sectors. |