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Mixed Economy

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Question

There is a high degree of technical development in __________ economies.

A

Developed

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B

Underdeveloped

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C

Developing

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D

War torn

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Solution

The correct option is A Developed
There is a high degree of technical development in developed economies. A lot of expenditure incurred on research and development. As a result, new and economical techniques are always available. More and more techniques are put into use.

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