MIXED ECONOMY EVOLUTION OF THE CONCEPT LOREM IPSUM

MIXED ECONOMY

EVOLUTION OF THE CONCEPT LOREM IPSUM Socialism Capitalism Free enterprise Economic liberty Non-interference of the state Invisible hand Forces of demand supply Socailisation of means of production No private enterprise- based on self interest, private property State control www. presentationgo. com

Mixed Economy- Meaning LOREM IPSUM Mixed economy implies demarcation and harmonisation of the public and private sectors. market mechanism is not permitted and the government intervenes or regulates the private sector in such a way that the two sectors become mutually re-inforcing. A mixed economy represents an achievable balance between individual initiative and social goals. There is a commitment on the part of both the sectors to national objectives and priorities. www. presentationgo. com

EVOLUTION OF THE CONCEPT Compromise- state intervention and free enterprise Great depression and J. M Keynes Classicals in the 18 th and 19 th Century Karl Max and Rise of communist Regimes in USSR, China, Vietnam, Cuba etc. www. presentationgo. com

EVOLUTION OF MIXED ECONOMY IN INDIA Industrial Policy Resolution of 1980 Industrial Policy Resolution of 1977 Industrial Policy Resolution of 1956 Beginning of Economic Planning www. presentationgo. com

India as a Mixed Economy 02 Co-existence of Public and Private Sectors Mixed Economy 01 Positive Economic Role of the State Mixed Economy Combined features of Capitalism and Socialism 03 www. presentationgo. com

Planning in a Mixed Economy 01 02 03 Positive Economic Role of the Co-existence of Public and Private Sectors Combined features of Capitalism and Socialism www. presentationgo. com