Home › BBA › Business Studies › Private and Public Enterprises › An economy with both privately owned and governm…
An economy with both privately owned and government owned enterprises is called a:
AMixed economy
BClosed economy
CBarter economy
DPlanned economy
Answer & Solution
Correct answer: A. Mixed economy
1. India has both kinds of firms.
2. Both sectors are allowed to operate.
3. That is a mixed economy.
_Source: NCERT Class 11 Business Studies, Chapter 3, Private, Public and Global Enterprises._
Related questions
The public sector was expected to build which base that the private sector would not invesA continuously loss-making public sector unit was referred for overhaul or shutdown to theAn advantage of a government company is that it has a separate legal entity apart from theThe auditor of a government company is appointed by the:Shares of a government company are purchased in the name of the:A government company is one in which government holds not less than what share of paid up A government company is established under which law?A statutory corporation is described as a valuable instrument for economic development bec