In the mid 20 th Century, India adopted the mixed economic growth model assuming a balance between the state and the market
In the mid 20 th Century, India adopted the mixed economic growth model assuming a balance
between the state and the market in its trying to address abject poverty and lack of resources
(Powell, 2012). However, this ended up being the worst idea that could have been adopted as a
drive to the development of its economy.
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