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low level of productivity

under utilisation of available resources

low level of capital formation

poor infrastructure

pressure of population

predominance of agriculture

low per capita income

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Why is Australia considered a mixed economy?

One containing features of both capitalism and socialism. Australia is a mixed economy, ... Australia is a mixed economy, with major state-owned enterprises in communications, transport, banking ... too, provides a striking illustration of the transition to a mixed economy ...


Who controls a mixed economy?

The state controls a mixed economy!


What are the features of cashless economy?

Cashless economy means state of economy in which all transactions are done through non cash medium. For example - Bank transfer, Cheque, card and net banking. Purpose of removing cash in an economy is to check tax evasion. Currently Singapore and Sweden are leading countries which have achieved cashless transaction of upto 60%.


What features of china's mixed economy show that it leans toward a command economy?

China's mixed economy exhibits features that lean toward a command economy through substantial state control over key sectors, including energy, telecommunications, and finance. The government implements five-year plans that dictate economic priorities and investments, reflecting centralized planning. Additionally, state-owned enterprises (SOEs) play a significant role in the economy, often receiving preferential treatment and support, which reinforces the government's influence over market dynamics. This combination of regulatory oversight and strategic direction showcases a strong command economy orientation within China's mixed economic framework.


When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?

When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?

Related Questions

What was State of Indian economy before independence?

Agriculture- The agriculture sector suffered from low productivity and stagnation was saddled with surplus labour.It contributed more than 50% of the national product. Poverty- Indian economy was shsttered economy on the eve of independence.poverty was all prevailing and wide-spread. Per capita income was very low.


Who called state directive principles as novel features of Indian constitution?

B r ambedkar


What holiday is celebrated on August fourteenth?

On August 14, 1947 the state of Pakistan gained Independence from the British Indian Empire


What features made rhode islands economy successful?

It has a big shoreline for a small state. Ships can reach a good part of the state to deliver goods or ship them.


What did the Indian state do to promote industralisation after 1947?

The Indian state promoted industrialization after 1947 by giving incentives to businesses so that they would expand their operations. They also helped fund a number of infrastructure projects which further helped the economy.


Who is the president of british during the independence of India?

Britain is a constitutional monarchy and the head of state is HM the Queen. Immediately prior to Indian independence, George VI was the King of England and the Emperor of India.


What is Sarojini Naidu known for?

Sarojini Naidu is an Indian poet and Indian independence activist. She is known as being the first Indian woman to be President of the Indian National Congress as well as the first Governor of the state of Uttar Pradesh. India celebrates her birthday as Woman's Day.


Why is Australia considered a mixed economy?

One containing features of both capitalism and socialism. Australia is a mixed economy, ... Australia is a mixed economy, with major state-owned enterprises in communications, transport, banking ... too, provides a striking illustration of the transition to a mixed economy ...


When was State of Independence created?

State of Independence was created in 1981.


What is the economy of Washington state?

is the basis of Washington state economy is wildressources


In which Indian state Lahore was Was it in Bihar or Was is the part of Pakistan itself?

Lahore is in Pakistan. There is no place in India called Lahore. Before independence, Lahore was a part of India.


What has the author Sarita Kumari written?

Sarita Kumari has written: 'Role of state in ancient Indian economy' -- subject(s): Economic conditions, Economic policy