Both agriculture and industry are equally promoted by the state
There is co-existence of public sector along with private sector
There is importance of small scale industries along with heavy industries
Economy is controlled by military as well as civilian rulers
✅ The correct answer is B.
Mixed economy means an economy where there is co-existence of public sector along with private sector. All modern economies are mixed where the means of production are shared between the private and public sectors. Also called dual economy.
Mixed economy means an economy where there is co-existence of public sector along with private sector. All modern economies are mixed where the means of production are shared between the private and public sectors. Also called dual economy.