Which are the two models of development? Which model of development was adopted by India?

Question

Which are the two models of development? Which model of development was adopted by India?

Monjur Alahi

4 views

2025-01-04 04:42

2 Answers

Salim Ahmed Kawsar

Two models of development are the capitalist and socialist models of development. India adopted the elements from both these models together to be known as ‘Mixed economy’.

4 views Answered 2023-02-05 15:29

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Salim Ahmed Kawsar · Accepted Answer · 2023-02-05T15:29:48+06:00

Salim Ahmed Kawsar

Two models of development are the capitalist and socialist models of development, India adopted the elements from both these models together to be known as “Mixed Economy”.

4 views Answered 2023-02-05 15:29