An economic system in which the decision on what and how ...
An economic system in which the decision on what and how to produce is determined by the individual is called
Capitalism
Communism
Socialism
Traditionalism
Welfarism
Correct answer is A
Capitalism is an economic system in which private individuals or businesses own capital goods, and decide what and how to produce goods.
The major role of NDIC is to ...
The major determinant of the total volume of output in an economy is the ...
A declining population is one in which the population is ...
If birth rate is constant and death rate declines, population ...
The age distribution of a country's population is of economic importance because it affects the ...
Which of the following is NOT a measure for controlling inflation? ...