Social Interest
Profit
Income Equality
Income inequality
The basic economic problems are common to
Capitalism
Socialism
Mixed economy
All the above
Trial and error process is adopted
Capitalist system
Communist system
Socialist system
Who is the uncrowned king in Capitalism ?
Consumer
Producer
Both
Investor
Red tappism and corruption lead to
In efficiency of production
In equality of income and wealth
Absence of technology
Lack of development
Economic problems in mixed economies are solved by
Planning
Price Mechanism
Price Mechanism and Planning
Marketing
Co existence of private and public sectors is an important feature of
The prime motive of socialist economy is
Social welfare
Production
Traditional economy is a
Subsistence economy
Market economy
Command economy
Monetary economy
Pricing System under socialism is referred as
Administered price
Normal price
Market price
Supply price
