India has mixed 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.
India is not a socialist economy. It is a capitalist economy - most enterprises are privately owned, seek profit and are guided by markets.
Mixed. in India,The nature of economy is Mixed means it is the combination of capitalist and socialist economy.
No, India was not capitalist in the 1950's.
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.
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.
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.
everyone should be copperate to develop india. We should elect a able leader wo can maintain our economy well
India is not technically a command economy. The economy of India focuses more on an indirect and direct state intervention type of 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.
India is currently a capitalist country with some limited governmental interference.