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According to the Mixed economy model, the ____ and private sectors would contribute significantly to raising productivity and creating jobs.

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Detailed Solution

According to the Mixed economy model, the public and private sectors would contribute significantly to raising productivity and creating jobs.
In a mixed economy, enterprises owned by the government and the private sector collaborate to manage the national ownership, production, exchange, and distribution of goods. Due to the coexistence of the private and public sectors and the nation's reliance on foreign trade, India is currently recognised as having a mixed economy. A fundamental human right is an ability to establish one's private businesses and professions.

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