Question:medium

Identify the characteristic features of mixed economy among the following:
A. It is a combination of resources owned and controlled by the private as well as public sector.
B. There is no or minimal government intervention in economic activities.
C. The degree of public and private sector involvement is determined by the government.
D. It relies on the government only to allocate resources. Choose the correct answer from the options given below:

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Mixed economy combines private enterprise with government control.
Updated On: Jun 4, 2026
  • A and B Only
  • A and C Only
  • B and D Only
  • B and C Only
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The Correct Option is B

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