III] Mixed economy Introduction A mixed economy is of a recent origin. Capitalism and socialism both have their own advantages and disadvantages e.g. capitalism leads to unemployment, equality etc. Great depression of 1930 exposed the short comings of capitalism since…
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Privatisation – I
Meaning of Privatisation The concept of privatization is used in a narrow as well as broader sense. In a narrow sense privatization means transfer of ownership from public sector [government owned enterprises] to private sector, where it is privately owned…