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- Nikita Chetry
- Latest Answer: 7 hours ago
- In: Commerce
Explain the types of economy on the basis of ownership and control over means of production.
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1 Answers
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- Answered By Anita Sahani
- Answer: 7 hours ago
On the basis of ownership and control over means of production, economy can be classified into three types:(i) Capitalist or free enterprise economy. (ii) or centrally planned economy..(iii) Mixe...
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