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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?
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Solution
| 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.
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