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Debate on should India go for capitalist economy?

Updated: 8/18/2019
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Debate on should India go for capitalist economy

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Why India is a capitalist economy?

India has mixed economy


List of countries with capitalist economy?

Two of the countries that have a capitalist economy include: Germany and the United States. Also, China, India, and Japan have a capitalist economy.


Why India is a solicalist?

India is not a socialist economy. It is a capitalist economy - most enterprises are privately owned, seek profit and are guided by markets.


What is the nature of an economist?

Mixed. in India,The nature of economy is Mixed means it is the combination of capitalist and socialist economy.


Was India capitalist in the 1950's?

No, India was not capitalist in the 1950's.


What are some countries that practice mixed market?

in fact, there is no country in the world which is purely socialist or purely capitalist. every economy is mixed. however, the degree to which an economy is socialist or capitalist may vary. Canada and India are some of the countries which are highly mixed.


What are some countries that practice mixed-market?

in fact, there is no country in the world which is purely socialist or purely capitalist. every economy is mixed. however, the degree to which an economy is socialist or capitalist may vary. Canada and India are some of the countries which are highly mixed.


What countries are capitalist?

There are no countries in the world that are strictly capitalist, but some countries that have a strong capitalist economy include: the United States, the United Kingdom, Canada, India, and Mexico.


What should you do to develop India?

everyone should be copperate to develop india. We should elect a able leader wo can maintain our economy well


Is India a command economy?

India is not technically a command economy. The economy of India focuses more on an indirect and direct state intervention type of economy.


IS INDIA a free economy planned economy or mixed economy?

India has a mixed economy in that there is private property and companies that produce products for the benefit of profit. There are many business regulations in India, this combined with the above places India as a mixed economy country.


What is current economic system of india?

India is currently a capitalist country with some limited governmental interference.