In which area is the public sector most dominant in India?

 

Microeconomics is the branch or subset of economics that deals with the study of Decisions of individual firms, households and consumers.

A master plan is devised for long-range goals.

Business fluctuations refer to the ups and downs in overall business activity measured by changes in national​ income, employment and the price level.

Marginal propensity to consume (MPC) in economics is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).

A command economy types of government decide which goods would be produced without any interference of the public.

Command economy ran in Germany during the rule of Adolf Hitler. 

A command economy tends to exist under a socialist government that provides a lot of regulation.