The term “Mixed Economy” denotes:
A. Co-existence of both consumers and producers goods’ industries in the economy.
B. Co-existence of both private and public sectors in the economy.
C. Co-existence of both rural and urban sectors in the economy.
D. Co-existence of both large and small industries in the economy
Answer:B
The term “Mixed Economy” denotes:
A. Co-existence of both consumers and producers goods’ industries in the economy. B. Co-existence of both private and public sectors in the economy. C. Co-existence of both rural and urban sectors in the economy. D. Co-existence of both large and small industries in the economy