Question
Which term best describes the economy of India?(1 point)
Responses
communist, free-market
communist, free-market
capitalist, command-market
capitalist, command-market
Communist, command-market
Communist, command-market
capitalist, free-market
Responses
communist, free-market
communist, free-market
capitalist, command-market
capitalist, command-market
Communist, command-market
Communist, command-market
capitalist, free-market
Answers
GPT-5 mini
capitalist, free-market
Explanation: India's economy is based on private ownership and market forces (capitalist), with significant liberalization since 1991. It is not a communist/command economy.
Explanation: India's economy is based on private ownership and market forces (capitalist), with significant liberalization since 1991. It is not a communist/command economy.