Price fluctuations in the international market do have impact on ____________.
Open economy
Closed economy
Simple economy
Complex economy
___________,the state (central authority) does not interfere in this system of economy.
Free economy
Controlled economy
Price fluctuations in the international market do not have any impact on ___________.
In a ____________, all means of production are privately owned,they belong to private individuals,institutions.
Socialist economy
Capitalist economy
Mixed economy
None of these
In _________, people are usually illiterate and orthodox.
Industrial economy
Agricultural economy
The maximum social welfare is the sole objective of ___________.
Socialism
Capitalism
Profit motive is the basic force that derives the ___________.
In ____________,means of production are owned by the private individuals.
_________ refers to the isolated and self sufficient economy.
Most of countries of the present world has a / an ___________.
