Answer:
c) India and Japan are both mixed economies
Explanation:
Mixed economy is the type of economy which involves private individuals and the government having economic control.
Mixed economy is practiced by most of the top nations of the world because it allows for private participation in production. This brings about a ripple effect in making sure there is healthy competition that can result in profit. It also helps in contributing to public ownership in manufacturing which helps in addressing social welfare needs of the people.
India, Japan, USA, France all practice mixed economy system.
