Name the economic system that operates through price mechanism .
Mixed economy
Capitalism
Socialism
All the above
Most of the economic activities of capitalism are centered on
Planning
Price mechanism
Both a & b
Production
Capitalist System developed first in
Japan
USA
England
France
Who is the uncrowned king in Capitalism ?
Consumer
Producer
Both
Investor
The basic force that drives the capitalist economy is
Technology
Government
Profit motive
Pricing System under socialism is referred as
Administered price
Normal price
Market price
Supply price
Indian economy is a classical example of ________ economic system .
The prime motive of socialist economy is
Social welfare
Profit
In a traditional economy, basic problems are solved by
Traditions and customs
Producer and consumer
Market and producer
Producer and investor
Traditional economy is a
Subsistence economy
Market economy
Command economy
Monetary economy