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प्रश्न
Give an explanation:
On the basis of economies, we can divide countries into three groups.
थोडक्यात उत्तर
उत्तर
- A country in which ownership of production and management of production is decided and governed by an individual or private individual and aim towards gaining maximum profit can be termed as a country with a capitalistic economy.
- A country whose production is monitored and controlled by the government and their goal is to achieve social welfare can be termed as a country with a socialist economy.
- A country that maintains a good balance between profit and social welfare and where public and private sectors cooperate and co-exist can be termed as a country with a mixed economy.
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Types of Economy
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
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संबंधित प्रश्न
Explain the types of economies by filling correct information in the place of questions in the circle.
Give an explanation:
India’s economy is of mixed type.
Write the following question in one line:
In a capitalistic economy, to whom does the ownership and management of means of production belong?
Fill in the blank by choosing the correct alternatives.
In a capitalist economy, means of production are owned, controlled and operated by ____________.
