Traditional economy is a
Subsistence economy
Market economy
Command economy
Monetary economy
Economic problems in mixed economies are solved by
Planning
Price Mechanism
Price Mechanism and Planning
Marketing
Name the economic system that operates through price mechanism .
Mixed economy
Capitalism
Socialism
All the above
Capitalist System developed first in
Japan
USA
England
France
Social Interest
Profit
Income Equality
Income inequality
Trial and error process is adopted
Capitalist system
Communist system
Socialist system
Economic problems in socialist economies are solved by
Price mechanism
Producer
Investor
Pricing System under socialism is referred as
Administered price
Normal price
Market price
Supply price
Co existence of private and public sectors is an important feature of
Red tappism and corruption lead to
In efficiency of production
In equality of income and wealth
Absence of technology
Lack of development