The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?

Related Mcqs:

An analytic approach in which we move from general to particular from theory to facts is_________________?

A. Induction B. Deduction C. Specification D. None...

Hitler introduced ?

A. Command economy B. Traditional economy C. Mixed economy D. Authoritarian economy...

Tax levied on production of specific product on quantity of product purchased ?

A. Sales tax B. Excise tax C. Income tax D. All...

Sum total of currency in circulation plus commercial bank demand deposits and sometimes savings bank time deposits?

A. Money supply B. Money lender C. National income D. None...

In LDC children under age of 15 years are ___________% of the total population?

A. 40 % B. 50 % C. 80 % D. None...