___________ are encouraged to diversify their productive activities.
Producers
Consumers
Both 1 & 2
None of these
Savings are the basis of _______________.
Capital formation
Economic policies
Public distribution
Households purchase different _____________ for their own consumption.
Consumer goods
Producer goods
Economic policy
Duty and _________ policy has a very important effect on revenue,especially foreign exchange.
Monetary policy
Fiscal policy
Tariff policy
Price policy
The economic policies should be framed to encourage and promote ___________.
Economic freedom
Economic development
Economic planning
Economic inequalities
______________ is a person who produces different goods.
Producer
Consumer
Investor
Household is a _____________.
The____________take the responsibility of employing these factors in an appropriate proportion and organise the business activities.
House hold
Agricultural productivity can be improved through ___________.
Factors of production
Income opportunities
Organising business activities
Industrialization
___________ to individuals that use goods and services generated within the economy.
Investors