11
Question
The ___________ sector in a mixed economy decides 'what to produce and how much to produce' based on the overall national objectives.
The ___________ sector in a mixed economy decides 'what to produce and how much to produce' based on the overall national objectives.
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Solution
The correct option is B public
In a mixed economy, public sector resolves the problems of 'what to produce and how to produce?' keeping in mind the social welfare of the economy which includes overall economic growth and development, less input and factor prices for the availability of resources and generation of employment opportunities to eradicate poverty from the economy.
In a mixed economy, public sector resolves the problems of 'what to produce and how to produce?' keeping in mind the social welfare of the economy which includes overall economic growth and development, less input and factor prices for the availability of resources and generation of employment opportunities to eradicate poverty from the economy.
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