_________ is limited by the extent of market.
Labour
Capital
Division of labour
Production
The poor masses can be benefited through ___________.
Private expenditure
Public expenditure
Both 1 & 2
None of these
_________ create the demand for various commodities.
Consumers
Producers
Investors
Household is a _____________.
Producer
Consumer
When two goods between two persons at a time are exchanged without the use of money, it is called
Credit
Loan
Barter System
Demand
The optimum utilization of ______________ is very important to achieve proper economic progress.
Factors of production
Product diversification
Consumer goods
Economic resources
The household creates ______________ for various products on the one hand and they also arrange supply of different factors of production on the other.
Economic growth
Economic policy