Subject - Economics:

Miscellaneous

MCQ - 230-4240

Question:

The concept of mixed economy means–

To have balanced development in the agricultural and industrial sector
Simultaneous development of the rural and urban sector
To have equal distribution of wealth among the rural and the urban poor
Simultaneous development of the rural and urban sector

Correct Answer: D

Explanation:

Sol.Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies. It means reflecting both capitalism and socialism.

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269 MCQ for effective preparation of the test of Miscellaneous of Economics section.

Read the MCQ statement: The concept of mixed economy means– , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 230-4240.

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Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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