An economy system that uses what is regarded as the "...
An economy system that uses what is regarded as the "Market mechanism" is called_______
Mixed economy
Socialism
Command economy
Capitalism
Correct answer is D
The market mechanism is solved through the Forces of demand and supply in the capitalist economy which is also known as free enterprises or free market economy.
In order to develop the banking habit of rural dwellers, the traditional money lenders should be ...
The reward for capital is___________ ...
In a capitalist economy, the economic problem of what goods to produce is decided mainly by ...
At any given level of output, the total cost of a firm equals the ...
Which of the following is true of a perfect market situation? ...
One of the advantages of capitalism is that ...
Under the socialist economy, the decision on what to produce is determined by the ...