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Write a short note on Mixed Economy. - History and Political Science

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प्रश्न

Write a short note on Mixed Economy.

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उत्तर

The economy in which some industries are owned by private industrialists and some are owned by the government is called a 'mixed economy'. In this economy, the public and private sectors are run together e.g. India. In order to achieve economic development of modern India, we gave preference to a model of ‘mixed economy’. We can see three parts in this kind of economy:

  1. Public Sector: The industries in this sector are completely under the control and management of the government. For example, production of defence equipment.
  2. Private Sector: The industries in this sector are owned by private industrialists. Of course, the government supervises and controls them too. For example, consumer goods.
  3. Joint Sector: In this sector, some industries are owned by private industrialists, while some are run under government management.
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Mixed Economy
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अध्याय 1.04: Economic Development - Exercises [पृष्ठ २२]

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बालभारती History and Political Science (Social Science) [English] 9 Standard Maharashtra State Board
अध्याय 1.04 Economic Development
Exercises | Q 2. (B) (1) | पृष्ठ २२
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