Question

Under mixed economy, firms operating in both public and private sectors are left free to adjust their activities to the controlled market forces.

• A. True
• B. False

Answer 1

The correct option is A True

In a mixed economy both private as well as public enterprises utilize the resources for the production of goods and services in the economy for personal as well as social gains where government only audits the overall production to ensure adequate availability of goods and services in the economy whereas all the operation takes place with free market forces.