The economic policies should be framed to encourage and promote ___________.
Economic freedom
Economic development
Economic planning
Economic inequalities
Savings are the basis of _______________.
Capital formation
Economic policies
Public distribution
None of these
______________ means the demand of final goods.
Investment
Consumption
Distribution
Utility
The __________system is mobilized by the state to help the weaker sections of the soceity.
Agricultural production
Urbanization
Planning process
Agricultural productivity can be improved through ___________.
Factors of production
Income opportunities
Organising business activities
Industrialization
The Government has to formulate a balanced ____________ in according to the needs of the country.
Fiscal policy
Price policy
Monetary policy
Tariff policy
Economic transactions between the consumers and the producers allows _____________ in an economy.
Increase
Decrease
Both 1 & 2
The___________are also the basic economic entities in an economy.
Producers
Consumers
____________ means the capacity to satisfy human wants.
Production
Household is a _____________.
Producer
Consumer