Topics:
CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books
Pakistan Economy Model
Pakistan follows which type of economy model?
- Pure capitalist economy
- Command economy
- Mixed economy with co-existence of public and private sectors — Correct Answer
- Only public sector economy
Explanation:
Correct Answer Explanation
Pakistan follows the mixed economy model with co-existence of public and private sectors.
Key Points:
- India and Pakistan adopted similar strategies: large public sector, public expenditure on social development.
- Pakistan introduced import substitution-based industrialisation in 1950s-60s.
- Nationalisation in 1970s, denationalisation in late 1970s-80s.
Why Other Options Are Wrong
- A, B, D: Pakistan has a mixed economy, not purely capitalist or command.
📚 About this Topic — CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS
This multiple choice question is from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-8: COMPARATIVE DEVELOPMENT EXPERIENCES OF INDIA AND ITS NEIGHBOURS to strengthen your preparation.
