A country with a mixed economy has a minimum requirement of which of the following industrial sector(s)?

Public Sector

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Private Sector

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Cooperative Sector

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Joint Sector

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Solution

The correct options are
A Public Sector
B Private Sector
Countries with both public and private sectors industries are known to have a mixed economy. USA, India, France are some of the countries with mixed economies.

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Similar questions

Explain the importance of industrial sector in the economy of a country.

Indian economy is a mixed economy because here both the agricultural sector and industrial sector co-exist and work together.

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