Question

A table regarding the ownership of various sectors in both the countries is given. Like Brazil, fill the details regarding India and complete the table.

Sr. No.	India	Sector	Brazil
1.	--	Banking	Private and public both
2.	--	Railways	Private and public both
3.	--	Airways	Private and public both
4.	--	Electricity production	Largely public
5.	--	Iron and Steel Industry	Largely public
6.	--	Health	Private and public both
7.	--	Education	Largely public, little private
8.	--	Telecommunications	Private and public both

On the basis of the information about the ownership of various sectors in both the countries given in the table, can you infer about the type of these economies?

Answer 1

Sr. No.	India	Sector	Brazil
1.	Private and public both	Banking	Private and public both
2.	Largely Public	Railways	Private and public both
3.	Largely Private and little Public	Airways	Private and public both
4.	Private and Public both	Electricity production	Largely public
5.	Private and Public both	Iron and Steel Industry	Largely public
6.	Private and Public both	Health	Private and public both
7.	Largely Private and Public	Education	Largely public, little private
8.	Largely Private and little Public	Telecommuni-cations	Private and public both

By analysing this table, it is quite obvious that there exists a mixed economy in both countries, as this economic system is combined with both private and public enterprises.