Question

What constituted the mixed economy model?

• A. The private sector was solely responsible in increasing production
• B. The state, that is the government was solely responsible in increasing production
• C. Both the private sector and the state were responsible in increasing production equally
• D. The state had more responsibility than the private sector in increasing production

Answer 1

The correct option is C Both the private sector and the state were responsible in increasing production equally

It was agreed upon that both the state and the private sector would help in creating jobs and increase production. This was done hand in hand.